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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2833)
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Question
what is the difference between 'quotation' and 'proforma 
invoice'?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
difference between 'quotation' and 'proforma
invoice' : quotation is making as a offer rate required by
the buyer from seller and after final quotation making a
pre performa invoice before final invoice for final the
terms and conditions before making final invoice.......
 
Is This Answer Correct ?    20 Yes 3 No
San
 
Answer
# 2
Performa invoice nothing but similar to invoice where as
it will be delivered along with the goods but it can be
considered as invoice only if it has been mentioned as
Invoice.
Quotation is the specification of the goods details
(quantity & quality) and terms and condition by which we
will be able to offer/sell the product which we possess..
 
Is This Answer Correct ?    6 Yes 2 No
Naveen Kumar M.c.
 
 
 

 
 
 
Other Accounting General Interview Questions
 
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I am kind of confused between VAT and income tax! and am i supposed to use them both in the income statement?   1
Why discount on issue of debenture is shown as ficitious assest in Balance sheet ..? same why preliminary expenses ia also shown as ficitious assets in Balance sheet :? Cap-Gemini 1
What do you mean by AS in accounts?   1
Please Explain the following Depreciation Methods? 1.stright line method 2.reducing method 3.annuti Method 4.funds Method 5.insurance Method   1
investment in share in which account   1
Called-up capital ?   3
what is the difference between depreciation in account books and depreciation as per income tax act   1
what is journal entry of reserve for doutful debts.   3
what are the supporting documents of expenses? Accenture 6
HOW TO PASS ADVANCE ENTRY IN TALLY, AND HOW IT SHOULD ADJUST AGANIST FUTURE INVOICE.?   4
What is cost of goods?   2
WHAT IS LIABILITY? WNS 6
 
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