Multiple Choice Questions on Tender is an ........ for SEBI Grade A ( Officer) Exam Preparation

Basics of Cost Control and Analysis

Costing - Phase (I & II)

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Indian Economy - Understanding the basics of Indian economic system

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    Tender is an _______.

    estimation of profit

    Incorrect Answer

    estimation of cost

    Incorrect Answer

    estimation of selling price

    Correct Answer

    estimation of units

    Incorrect Answer
    Explanation:

    Cost of tender is the total charges associated with the delivery and certification of commodities underlying a futures contract. The cost of tender represents the total costs related to taking the physical delivery of a commodity


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