Economics · Financial Management
Arrange the following steps of the capital budgeting decision process in the correct sequence: 1. Screening and evaluation of proposals2. Identification of investment opportunities3. Implementation of the selected project4. Post-audit of project performance
- 11 → 3 → 2 → 4
- 22 → 3 → 1 → 4
- 31 → 2 → 4 → 3
- 42 → 1 → 3 → 4✓
Correct answer
2 → 1 → 3 → 4
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