The following purchase order (Figure 6.1) was sent by Giddy Up Pty Ltd to Stable Supplies Ltd. The second copy of the purchase order (Figure 6.2) from Giddy Up was sent to the receiving department and was stamped and signed when the goods were received.

Required

a) Identify and explain four control features that are followed in the purchase order sent to the vendor

(Figure 6.1).

b) Identify and explain four control features that are followed in the Copy of purchase order routed to the

receiving department (Figure 6.2).

c) Discuss four advantages of those control features followed in the purchase order sent to the vendor

(Figure 6.1).

d) Discuss four advantages of those control features followed in the copy of purchase order routed to the

receiving department (Figure 6.2).

e) What controls could have been present when the purchase requisition details (not shown) were entered

into the computer and the purchase order generated? Discuss two controls that should have been followed

when purchase requisition entered into the computer.

PURCHASE ORDER SUPPLIER Giddy Up Pty Ltd COPY 1 Winning Post Lane No. 64971 Flemington ABN: 11 111 111 111 To: Stable Supplies 4 Fetlock Road Caulfield Order Date: 1/1 1/2012 Purchase Req No.: 61111 Product No. Description Price Quantity Total A-187 Barrier blanket 150.00 5 750.00 A-199 Riding crop 45.00 4 180.00 C-297 Racing saddle - light 300.00 300.00 G-851 Norton bit 80.00 3 240.00 TOTAL 1470.00 Prepared By: Approved Mary Bethany By: Kym DilaneyPURCHASE ORDER RECEIVING Giddy Up Pty Ltd DEPT COPY 1 Winning Post Lane No. 64971 Flemington ABN: 11 111 111 111 To: Received Stable Supplies 07 NOV 12 4 Fetlock Road Caulfield Order Date: 1/1 1/2012 Purchase Req No.: 61111 Product No. Description Price Quantity Total A-187 Barrier blanket A-199 Riding crop C-297 Racing saddle - light G-851 Norton bit TOTAL Prepared By: Approved Mary Bethany By: Kym Dilaney