PROLEM 2: INVENTORY ONDENNG ALTERNATIVES Data Procensing Dapartmant Accounts Payato Puchasen Racaiving Roquaition Fl Lind Capy Acd Py Copy Fla Copy Propare Purchase aind Copy Acct Pay Copy Opan Puchane Ordur F Ordars Vunder Fe Puhas Accl Pay Copy Fe Copy Rovow Puhase Order Disrbute lind Cap Puchase Vendor ALTERNATIVE ONE Deta Procensing Dupartmant Puachason Racaving Accourts Payatde Purchase Raquon F Transaction und capy At Pay Copy Propare Opan uthase Ordar Fla Purchase Ordars Vander Fe Fle Prchane Order Transaction Lat Transaction List Vunder Fle ALTERNATIVE TWO
PROLEM 2: INVENTORY ONDENNG ALTERNATIVES Data Procensing Dapartmant Accounts Payato Puchasen Racaiving Roquaition Fl Lind Capy Acd Py Copy Fla Copy Propare Purchase aind Copy Acct Pay Copy Opan Puchane Ordur F Ordars Vunder Fe Puhas Accl Pay Copy Fe Copy Rovow Puhase Order Disrbute lind Cap Puchase Vendor ALTERNATIVE ONE Deta Procensing Dupartmant Puachason Racaving Accourts Payatde Purchase Raquon F Transaction und capy At Pay Copy Propare Opan uthase Ordar Fla Purchase Ordars Vander Fe Fle Prchane Order Transaction Lat Transaction List Vunder Fle ALTERNATIVE TWO
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
INVENTORY ORDERING ALTERNATIVES
The flowchart for Problem 2 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?
![PROLEM 2: INVENTORY ONDENNG ALTERNATIVES
Data Procensing Dapartmant
Accounts Payato
Puchasen
Racaiving
Roquaition Fl
Lind Capy
Acd Py Copy
Fla Copy
Propare
Purchase
aind Copy
Acct Pay Copy
Opan Puchane
Ordur F
Ordars
Vunder Fe
Puhas
Accl Pay Copy
Fe Copy
Rovow
Puhase
Order
Disrbute
lind Cap
Puchase
Vendor
ALTERNATIVE ONE
Deta Procensing Dupartmant
Puachason
Racaving
Accourts Payatde
Purchase
Raquon F
Transaction
und capy
At Pay Copy
Propare
Opan uthase
Ordar Fla
Purchase
Ordars
Vander Fe
Fle
Prchane Order
Transaction
Lat
Transaction
List
Vunder
Fle
ALTERNATIVE TWO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F28109ee5-2fb8-49d5-91ae-ed703d04a2b8%2Fbe4c73e4-dad6-4e1d-b9a6-074d82322ebd%2Fwpn8nxe_processed.png&w=3840&q=75)
Transcribed Image Text:PROLEM 2: INVENTORY ONDENNG ALTERNATIVES
Data Procensing Dapartmant
Accounts Payato
Puchasen
Racaiving
Roquaition Fl
Lind Capy
Acd Py Copy
Fla Copy
Propare
Purchase
aind Copy
Acct Pay Copy
Opan Puchane
Ordur F
Ordars
Vunder Fe
Puhas
Accl Pay Copy
Fe Copy
Rovow
Puhase
Order
Disrbute
lind Cap
Puchase
Vendor
ALTERNATIVE ONE
Deta Procensing Dupartmant
Puachason
Racaving
Accourts Payatde
Purchase
Raquon F
Transaction
und capy
At Pay Copy
Propare
Opan uthase
Ordar Fla
Purchase
Ordars
Vander Fe
Fle
Prchane Order
Transaction
Lat
Transaction
List
Vunder
Fle
ALTERNATIVE TWO
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