Lancaster Company makes electrical parts for contractors and home improvement retail stores. After their annual audit, Lancaster's auditors commented on the following items regarding internal controls over equipment:

1.When the purchasing department receives either an inventory or an equipment purchase requisition selects an appropriate supplier and sends them a purchase order. The system will not allow the supplier to be selected without top management's electronic authorization if it is over a certain amount

2.When equipment arrives it stays packaged in the warehouse until the invoice is paid and property plant and equipment accounts are updated. Afterwards the user department installs it but does not modify it.

3. There has been no reconciliation since the company began operations between the accounting records and the equipment on hand.

Review the three items listed and decide whether they represent an internal control strength or weakness. If it's a strength explain why, if it's a weakness identify why and recommendation to correct it