Arrange the following in chronological order about the steps of capital budgeting process.
1. Project selection
2. Project evaluation
3. Project generation
4. Project execution
A. 3, 2, 1, 4
B. 3, 1, 2, 4
C. 2, 3, 4, 1
D. 4, 3, 2, 1
Answer: Option A

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