Arrange the steps to be taken while purchasing equipment for food service establishments in the correct sequence.
1. Set guidelines/specifications for purchase of these items.
2. Estimate the expenditure by obtaining prices of these items from different sources.
3. Assess the need.
4. Select after careful consideration ensuring that the equipment satisfy the required specification.
5. Decide on the list of equipments to be purchased.

A. 3, 2, 1, 5, 4

B. 3, 5, 2, 1, 4

C. 5, 3, 2, 4, 1

D. 5, 1, 2, 3, 4

Answer: Option B