Question

Arrange the steps followed in farm planning and budgeting from beginning to end:
(A). Identification of risks
(B). Identification of enterprises to be included
(C). Assessment of resource endowments on the farm
(D). Statement of objective

Choose the correct answer from the options given below:

• A. (D), (A), (B), (C).
• B. (D), (B), (A), (C).
• C. (D), (C), (B), (A).
• D. (D), (B), (C), (A).

Hint:

Farm planning steps: Goals (D) $\to$ Resources (C) $\to$ Enterprises (B) $\to$ Risks (A).

Answer 1

The Correct Option is C

Step 1: All sequences start with (D) Objective, so compare the remaining order.
Step 2: Resources (C) must be assessed before choosing enterprises, since availability limits choice.
Step 3: Enterprises (B) are selected next, based on resources and objective.
Step 4: Risks (A) are enterprise-specific, so they are identified last.
\[ \boxed{\text{Option (3): (D), (C), (B), (A)}} \]