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Difference between purchase requisition and purchase order

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Reference no: EM132722867

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 two. What are the advantages of using alternative two instead of the alternative one? Be specific.

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

Reference no: EM132722867

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