Question: The flowchart for Problem 1 illustrates two alternative inventory ordering methods. Required a. Distinguish between a purchase requisition and a purchase order. b. Discuss the

The flowchart for Problem 1 illustrates two alternative inventory ordering methods.

Required
a. Distinguish between a purchase requisition and a purchase order.
b. Discuss the primary advantage of alternative two over alternative one. Be specific.
c. Under what circumstances can you envision management using alternative one rather than alternative two?

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a A purchase requisition is created when an item of inventory is needed eg fallen below the reorder ... View full answer

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