MaDDoX is right, the actions are executed sequentially. But, some action could also be executed on every frame, that might brings some confusion in some situation.
Eg, I have 4 actions:
action 1, run once;
action 2, run on every frame;
action 3, run once;
action 4, run on every frame;
Then, on frame 1 after enter the state, the execution flow:
action 1 -> action 2 -> action 3 -> action 4
On frame 2 and after:
action 2 -> action 4
If action 1 and action 2 both access some external variable, and action 2 reading output from action 1, you might wonder why action 2 not behave properly until you realize you also should tick "every frame" on action 1.