Consider the following constituent steps of capital budgeting
1. Short range capital budgeting
2. Long range capital budgeting
3. Search for opportunities and sources
4. Measurement of worth and selection
The correct sequence of these steps from the commencement is
(a) 3, 2, 1, 4 (b) 2, 3, 4, 1 (c) 3, 1, 2, 4 (d) 2, 4, 3, 1