ESTION 2 (3 marks) nufacturing company purchase its raw material, supplics and asects to be used in the duction cycles. Due to its importance, the management established policy and procedures ted to purchasing of these items. The purchasing department normally handle these two vities: (a) Purchase requisition and (b) blanket purchase order. Explain the differences veen these two procedures.

ESTION 2 (3 marks) nufacturing company purchase its raw material, supplies and assets to be wad in the duction cycles. Due to its importance, the management established policy and procedures ted to purchasing of these items. The purchasing department normally handle these two vities: (a) Purchase requisition and (b) blanket purchase order. Explain the differences veen these two procedures. MESTION 2 (3 marks) Manufacturing company purchase its taw material, supplies and assets to be used in the production cycles. Due to its importance, the management established policy and procedures related to purchasing of these items. The purchasing department nomally handle these two activities: (a) Purchase, requisition and (b) blanket purchase ordet. Explain the differences between these two procedures