Please Indicate the Proper Sequence of the Acquisition Cycle

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