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What is a budgetary Proposal and what is the standard format for it?
Wiki User
∙ 10y ago
A budgetary Proposal does not have a specific format or standard. You can simply add the words "budget" or "budgetary" to it on its cover page. In most companies, before submitting a proposal to the end customer, depending on the value of the offer, a risk-review meeting is required due to the risks involved. You can allow the customer to do their budget for the next years by submitting them a budgetary proposal. This means that the tender can be sent to the end customer without holding a risk-review meeting. Basically, when the customer is ready to buy the project from the vendors, a firm-bid has to be sent and then, a risk-review meeting with the financial controllers is mandatory or, at least, highly recommended.
Wiki User
∙ 10y ago
irwin poot
It is only based on the assumption of the details of information. The actual cost of the project can only be determined by a design property.
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What is the format for proposal?
A business proposal will be the most formal type of proposal. Write a brief summary section. Follow this with sections such as an introduction, background, solution, approach, expected outcomes, and any budgetary information.
What is the format for proposal writing?
A business proposal will be the most formal type of proposal. Write a brief summary section. Follow this with sections such as an introduction, background, solution, approach, expected outcomes, and any budgetary information.
What is budgetary offer?
A budgetary offer is an estimation of expenses to expected to be used in a given period. It has to be itemized and it done as a proposal when seeking for financing.
What does that mean TBD in Budgetary Proposal?
means the company writing the proposal gave you a ballpark figure (budgetary) and TBD means TO BE DETERMINED. In other words, if you like the price he gives you, you and him must determine that item of the proposal and how much that may or may not affect final price.
6 Differentiate between Standard Costing and Budgetary Control?
Distinction Between Standard Costing And Budgetary ControlAlthough budgetary control and standard costing both are based on some common principles; both are pre-determined, comparison will be made with the actual costs and both system need a revision of the standards or the budget, these two systems have certain differences which are as follows: 1. Budgetary control deals with the operation of a department or the business as a whole in terms of revenue and expenditure. Standard costing is a system of costing which makes a comparison between standard costs of each product or service with its actual cost.2. Budgetary control covers as a whole in terms of revenue and expenditures such as purchases, sales, production, finance etc. Standard costing is related to a product and its cost only.3. Budgetary control is applicable to utmost all business organizations. Standard costing is applicable to manufacturing concerns producing standard products and services.4. Budgetary control is concerned with a specific period and is based on the totals of amounts. Standard costing is concerned with the standard costs, which are worked out generally per unit of production.5. Budgetary control is not based on standard costing system. Standard costing cannot exist in the absence of a budgetary control system.Posted Syeda Humaira Fatima
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It is already in standard format.
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RFC
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Does the LG DARE phone display texts in chat format or standard inbox outbox layout?
LG DARE does texts with the standard format, not chat format
What do you derive the basic SOP format from?
The basic SOP format is derived from the standard memorandum format.
