What are the types of RFQ”S?

Answers were Sorted based on User's Feedback



What are the types of RFQ”S?..

Answer / kranthioracle

as raj said there are three types of rfq but i will explain
what they mean

standard ---- it is one time purchase.
bid ---- is used when the items are less & price is
very high.
catalog ---- when the number of items are more.

Is This Answer Correct ?    32 Yes 3 No

What are the types of RFQ”S?..

Answer / raj

There are three types of RFQs are there
1. Standard
2.Bid
3.Catalog

Is This Answer Correct ?    26 Yes 4 No

What are the types of RFQ”S?..

Answer / phani

There are three types of quotations and RFQs that come with
Purchasing by default:

Catalog: Used for high-volume items or items for which your
supplier sends you information regularly. A Catalog
quotation or RFQ also includes price breaks at different
quantity levels.

Standard: Used for items you'll need only once or not very
often, but not necessarily for a specific, fixed quantity,
location, and date. For example, you could use a Catalog
quotation or RFQ for office supplies, but use a Standard
quotation or RFQ for a special type of pen you don't order
very often. A Standard quotation or RFQ also includes price
breaks at different quantity levels.

Bid: Used for a specific, fixed quantity, location, and
date. For example, a Bid would be used for a large or
expensive piece of equipment that you've never ordered
before, or for an item that incurs transportation or other
special costs. You cannot specify price breaks for a Bid
quotation or RFQ.

Is This Answer Correct ?    24 Yes 2 No

What are the types of RFQ”S?..

Answer / jyothi

Three different RFQs

1.Bid RFQ -- For fixed quantity with no price breaks (discounts)

2.catalog RFQ -- For the items ordered very frequently and
for large number of quantity .can specify price breaks

3.Standard RFQ -- for the items which will be ordered not
very often or once.Include discount information at different
quantity levels.

Is This Answer Correct ?    14 Yes 1 No

Post New Answer

More Oracle Apps Financial Interview Questions

What is the difference between Recurring Journals and Recurring Invoices? What is the need for the Recurring Journals in GL when Recurring invoices exist in AP?

2 Answers   BirlaSoft,


What is WHT in Financial Module and What would be tbe acc entry for the same?

3 Answers   Oracle,


How would you transfer funds from one bank to another bank in oralce apps? And in which module you can do this?

3 Answers  


What is Recurring Invoice

4 Answers   Satyam,


What is Auto cash Rule Set in receivables ?

2 Answers   KPIT,






Hi, I have the problem with Trial balance summary1 report.When i am trying to print the Trial balance summary1 some posting transactions not appering for Period 14.Can you please tell me what was the problem?

2 Answers   Wipro,


Why do we use Check Positive Pay ?

1 Answers   Doyensys,


what is a flexfield qualifier ?

16 Answers   Oracle, TCS,


If the client is totally dependent on manual on Manual transactions then Is the auto-accounting rules Mandatory?

1 Answers  


I hv done revaluation corectly even got the result also but why report showing in warning mode in view window after refreshing ?

2 Answers  


Tell me cash management mandatory setups

2 Answers   Genpact, IBM,


What r the Documents We can create while implementation?

2 Answers   TCS,


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)