Arrange the steps of Capital Budgeting Process in correct sequence.

A. Preparation of Capital Budget and Appropriation

B. Performance Review

C. Assembling of Investment proposals

D. Identification of Investment opportunities

E. Decision Making

Choose the correct answer from the options given below:

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

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