Performance gtee is basically guarantee a performance of your client, the employer if not satified with the performance of you client as per the agreement signed with them the employer could claim the money guaranteed from the bank.
The financial gtee is basically when the bank guarantees a purchase done by its client from any of its suppliers... if the banks cusotmer does not make a payment after the purchase is done within a stipulated time frame stated in the agreement the bank is bound to pay.
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.
The difference between TTM (trailing twelve months) and YTD (year-to-date) financial performance metrics is that TTM looks at the past 12 months of financial data, while YTD focuses on the financial performance from the beginning of the current year up to the present date.
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
what is the difference between technical and financial proposal
There is no difference. For instance, I am technically both
The performance bond is what you might get depending on interest rates. The bank guarantee is more secure and will be guaranteed money regardless of what the economy does.
Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
Security Deposit is the amount kept by the customer towards the guarantee against completion of a contract.;where as performance guarantee is the guarantee given by the contractor towards performance quality of the executed job/supplied product.Thus requirement of security deposit ends with complete execution of the contract whereas Performance guarantee holds till the period of warranty/defectliabilityis over.
The difference between TTM (trailing twelve months) and YTD (year-to-date) financial performance metrics is that TTM looks at the past 12 months of financial data, while YTD focuses on the financial performance from the beginning of the current year up to the present date.
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
What is the difference between warrenty and guarantee? In: http://wiki.answers.com/Q/FAQ/4423[Edit categories]
what is the difference between technical and financial proposal
relationship between financial and non-financial performance indicators in achieving corporate governance compliance.
guarantee means that the seller will completely replace the product or item while warranty means that the seller will repair the product or item. SHAHZAIB SHEHZAD
in simple terms consider financial position as what is your balance sheet i.e your assets and liabilities financial performance your profit and loss account i.e all you income derived and expenses incurred in a given time. the above are not exact definitions, they are just explanations
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
There is no difference. For instance, I am technically both