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

Evaluate special pricing offers and their impact on differential profit and loss.

Identify costs associated with making or buying decisions and calculate their impact on profitability.

Recognize the importance of contribution margin in making decisions about product discontinuation or continuation.

Determine the relevance of sunk costs in decision-making processes.