Please Indicate the Proper Sequence of the Acquisition Cycle

question 9

Multiple Choice

Please indicate the proper sequence of the acquisition cycle:
1. Approval of items for payment.
2. Authorized requisition for goods or services.
3. Cash disbursements.
4. Receipt of goods and services.
5. Authorized purchase of goods or services.

• A) 2, 5, 4, 1, 3
• B) 2, 4, 5, 1, 3
• C) 2, 1, 4, 5, 3
• D) 2, 5, 1, 4, 3

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Definitions:

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The psychological forces or factors that influence an individual's direction, intensity, and persistence of voluntary behavior, particularly in goal-oriented activities.

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An analytical approach that focuses on understanding the interconnections and patterns among different components within a system rather than viewing them in isolation.

Contingency Thinking

A management approach that emphasizes the need for flexibility and adaptation to changing circumstances.