Question: Please indicate the proper sequence of the acquisition (purchasing) cycle: 1. Approval of items for payment 2. Authorized requisition for the goods or services 3.

Please indicate the proper sequence of the acquisition (purchasing) cycle:

1. Approval of items for payment

2. Authorized requisition for the goods or services

3. Cash disbursements

4. Receipts of goods and service

5. Authorized purchase of goods or services

A. 2,4,5,1,3

B. 2,5,1,4,3

C. 2,1,4,5,3

D. 2,5,4,1,3

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