

Would be fine. Maybe a few decoupling/buffering capacitors at the sink end just to help things along, depends if your device has its own supply regulator and etc onboard. A high and low value pair in parallel would be good (eg 100uF electrolytic and 100nF ceramic).
My only guidance is: Do not assume the wire colours have any significance. Work your way through all the combinations, regardless if they are “logical” or not.