Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between Discount & consession?

Answer Posted / vinod kumar

concession (ISO 9000 2005) is the rebate for product not conforming to the specified requirements.so concession is basically compromise in quality of product for which seller is giving some rebate.Discount is reduction og cost of product conforming to requirements.

Is This Answer Correct ?    4 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1912


what is your opinion regarding T.V shows on youth

2712


Tell me in accounting, how do you define premises?

1115


Explain me where a cash discount should be recorded in journal entry?

3978


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

2028


please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

1833


What are the most important goals of accounts receivable?

1043


How many invoices on average do you handle on a weekly/monthly basis?

1235


what is the relationship between bookkeeping and accounting?

1010


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1951


What is the entry for closing stock value reduction?

2529


What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

2278


What are depreciation and amortization?

1100


Define bills receivable?

1252


What is an accounting loss?

1149