Question: The flowchart below illustrates two alternative inventory ordering methods. Answer part 1 to 3 based on this flowchart. Required: 1. Some organizations prefer using alternative

The flowchart below illustrates two alternative inventory ordering methods. Answer part 1 to 3 based on this flowchart.

Required:

1. Some organizations prefer using alternative two. What are the advantages of using alternative two instead of the alternative one? Be specific. [2 Marks]

2. What is the difference between purchase requisition and purchase order? [2 Marks]

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