Budgeting is closely related to planning in an organisation. It involves four states and their correct sequence is

Choose Your Answer:

ASetting the objectives, specifying the goals, laying down the strategies, preparation of budget

BSetting the objectives, laying down strategies, specifying the goals, preparation of budget

CLaying down the strategies, setting the objectives, specifying the goals, preparation of budget

DSpecifying the goals, setting the objectives, laying the strategies, preparation of budget

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