Arrange the following items, i.e. stages of capital budgeting in correct sequence:
(A) Identification of potential investment opportunities
(B) Assembling of proposed investments
(C) Decision making
(D) Implementation and performance review
(E) Preparation of capital budget and appropriations.
Choose the correct answer from the options given below:
1
(B), (A), (E), (C), (D)
2
(E), (C), (A), (B), (D)
3
(C), (E), (D), (B), (A)
4
(A), (B), (C), (E), (D)