Arrange the following steps of the Budgeting process in the proper sequence:

(A) Obtaining estimates

(B) Communicating Budget

(C) Reporting Interim Progress towards budget objectives

(D) Implementing the budget plan

(E) Co-ordinating estimate

Choose the correct answer from the options given below:

1
(B), (A), (E), (D), (C) Only
2
(A), (E), (C), (B), (D) Only
3
(A), (E), (B), (C), (D) Only
4
(A), (E), (B), (D), (C) Only

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