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What is Tolerance?

Answer Posted / pawan dua

Tolerance is Permissiveness; it means upto what extent
(positive or negative) an organization can accept the
commitment of transaction. For Example; in a purcahsing
module, tolerance can be fixed for quantity (5% + or -) or
period tolerance (5 days prior or later to commitment for
receiving goods).

Is This Answer Correct ?    6 Yes 1 No



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