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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.
Training Costs
Expenses incurred by an organization for the development and education of its employees, including workshops, courses, and other educational activities.
Skill-based Pay
A compensation system that rewards employees for their skills and knowledge, rather than their job title or position.
Objective
Something that one's efforts or actions are intended to attain or accomplish; purpose; goal; target.
Measurable Performance
Refers to the ability to quantify or assess the effectiveness or output of an employee, project, or organization.
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