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

A

Setting the objectives, specifying the goals, laying down the strategies, preparation of budget.
B

Setting the objectives, laying down the strategies, specifying the goals, preparation of budget.
C

Laying down the strategies, setting the objectives, specifying the goals, preparation of the budget.
D

Specifying the goals, setting the objectives, laying down the strategies, preparation of budget.