Which of the following steps in the acquisition of goods and services by an activity accounted for by the General Fund generally occurs first?

Which of the following steps in the acquisition of goods and services by an activity accounted for by the General Fund generally occurs first?

Which of the following steps in the acquisition of goods and services by an activity accounted for by the General Fund generally occurs first?  (Points : 2)
Disbursement.
Appropriation.
Encumbrance.
Expenditure.

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