Recommending Improvements to a Purchase Requisition Properly designed documents and forms improve the likelihood that employees will adhere to prescribed policies and procedures. For example, consider a multicopy purchase order, with one copy intended for maiUng to the vendor and the remaining copies distributed to individual stores and to the purchasing, receiving, and accounting departments.

The purchase order currently used by the National Industrial Corporation appears on the following page.

Required:
1. In addition to the name of the company, what other information would an auditor recommend be included in the purchase order illustrated?
2. What control objectives are served by distributing copies of the purchase order to the stores and to the purchasing, receiving, and accounting departments?

Transcribed Image Text:

TO SEND INVOICE ONLY TO: 297 HARDINGTEN DR., BX., NY 10461 SHIP TO PURCHASE ORDER DATE TO SHIP BE SHIPPED VIA DISC. TERMS FREIGHT TERMS ADV. ALLOWANCE SPECIAL ALLOWANCE QUANTITY DESCRIPTION PURCHASE CONDITIONS 1. Supplier will be responsible for extra freight cost on partial shipment, unless prior permission is obtained. 2. Please acknowledge this order. 3. Please notify us immediately if you are unable to complete order. 4 All items must be individually packed.