Arrange the following steps of Activity Based Costing (ABC) in proper sequence -

A. Staff Training and Review Follow up

B. Identify Main Activities

C. Process specification

D. Identify Non-value adding Activity and cost pools

E. Selection of Activity Cost Drivers and Tracing of Costs with objects

Choose the correct answer from the options given below:

1
C, B, D, E, A
2
B, C, D, E, A
3
D, B, C, A, E
4
E, D, B, C, A

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