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
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5MC: A document that asks you to return an identifying part of it with your payment is a(n) ________. A....
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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?
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