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When is it less favorable to obtain quotes or sealed bids when you have no clear product or service specification?

When you have no price forecast or budget.
When you don't know of any capable suppliers.
When no purchase has been approved.
When there is no advantage in obtaining competitive bids.
Where any cost saving would be insignificant.
None are favorable.

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Math for Purchasing and Business - Course 2007
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Accounting and Financial Fundamentals for NonFinancial Executives

Author:
Robert Rachlin, Allen Sweeney

Description:

For any nonfinancial professional who needs a quick, practical, comprehensive lesson in accounting and finance for nonfinancial managers, this basic accounting book for beginners is a perfect companion. This accounting book for beginners covers what you'd expect it to-income statements, balance sheets, inventory valuation, cash-flow analysis and so forth. This business accounting book offers a deep understanding of what the numbers mean and the role they should play in your decisions. If you need to learn the basics of finance for nonfinancial managers, you'll learn the fundamentals from this book.

Your Price: $24.00

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