Approval Stage Sequence

Question

SBO 88 PL14
I noticed in the help "Creating Approval Templates" page step 6 states
"On the Stages tab, select one or more approval stages, or define a new stage. Change the sequence of the stages as necessary."
If I have 3 stages in the stages tab, does this mean that the first stage has to be approved before the second stage is approved and a final approval from the 3rd stage? 
Or
Do all three stages get approval requests at once and all three stages have to pass?

Answer 1

Sales PO President Approval 30000-50000
Originators: Mary Salesperson
Documents: Purchase Order
Stages:
 Stage Name            Stage Description
1  Sales Approval           Sale Manager Approval Required
2  VP Approval               VP Approval Required
3  Exec VP Required       Executive VP Approval Required
4  President Approval       President's Approval Required
5  Admin Approval           Administration Manager Approval Required
Terms:
Total Document     In Range     $ 30,000.00 - $ 50,000.00
Each stage has a one specific user.
Does the approval go to all 5 stages at once or does it go through the Sequence of stages from 1 to 5?
What does "Change the sequence of the stages as necessary." mean?
Edited by: Jeff Campbell on Apr 26, 2011 11:53 AM