ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Software >> ERP CRM >> Oracle Apps >> Oracle Apps Financial
 
 


 

 
 Oracle Apps Technical interview questions  Oracle Apps Technical Interview Questions (484)
 Oracle Apps Financial interview questions  Oracle Apps Financial Interview Questions (593)
 Oracle Apps Manufacturing interview questions  Oracle Apps Manufacturing Interview Questions (51)
 Oracle Apps HRMS interview questions  Oracle Apps HRMS Interview Questions (77)
 Oracle Apps CRM interview questions  Oracle Apps CRM Interview Questions (9)
 Oracle Apps SCM interview questions  Oracle Apps SCM Interview Questions (105)
 Oracle Install Base interview questions  Oracle Install Base Interview Questions (62)
 Oracle Service Contracts interview questions  Oracle Service Contracts Interview Questions (101)
 Oracle Apps AllOther interview questions  Oracle Apps AllOther Interview Questions (11)
Question
What is meant by RFQ?
 Question Submitted By :: Oracle-Apps-Financial
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
request for quotation. the purchase dep creating the rfq and
send to the supplier .
 
Is This Answer Correct ?    15 Yes 0 No
Suma
 
Answer
# 2
there are three types of rfq

standard rfq--- one time purchase
bid rfq --- when the items are less & cost is more
ex- diamond
catalog rfq --- when the items are more & cost is less
ex- nuts ,bolts, ect

if we enable rfq at the site level we cant riase a qfq from
that site.
 
Is This Answer Correct ?    11 Yes 1 No
Kranthioracle
 
 
 
Answer
# 3
RFQ terms is widely used in Purchasing context,it means
request for quotation . This is prepared to request
supplier to send his quotation for mentioned items and
quantities. Supplier send its quotation to buyer, which
buyer enters into application.
 
Is This Answer Correct ?    10 Yes 0 No
Yogesh
 
Answer
# 4
RFQ(Request for quotation) is an invitation to a vendor to
indicate his terms and condition (in particular his price)
for the supply of material or the provisions of a service
by submitting a quotation. As in the case of purchase
requisition,the RFQ identifies the material, quantity, and
delivery date.
3 types RFQ:
1.Standard RFQ: Created for one type of purchase item.
2.Catalog RFQ: Create for frequently order items.
3.Bid RFQ: Created for items where organization request to
deliver on a specific location,date,specific quantity.
 
Is This Answer Correct ?    1 Yes 0 No
Babitha.b
 

 
 
 
Other Oracle Apps Financial Interview Questions
 
  Question Asked @ Answers
 
Difference between header level tax calculation and line level tax calculation?   2
What are the accounting entries in p2p cycle?? Sierra-Atlantica 6
we have purchased a loptop from the supplier, we have made the payment to supplier through check and the supplier has taken the money from the org. bank and even the transaction has been reconciled with cash management. But due some reason we have returned the loptop to the supplier. Now How this real time scenario will be resolved in the Payable module.   4
Use of recurring invoice?   2
what is the meaning of api ?what is the use of it ?   3
what is the difference between initial mass copy and periodic mass copy? IBM 1
What all elements is set for the Responsibilities ? IBM 3
What are the steps and control checks in posting journal entries ? Oracle 1
What's the accounting entry when an Invoice is created in AP? Syntel 5
What are diff between item master organization and child organization ? Logica-CMG 1
Whether is it allowed for entering negative amount in Journal lines?   3
In AR module What is the difference between Debit Memo and Credit Memo ? Satyam 3
 
For more Oracle Apps Financial Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com