Exercise 13-23 (Static) Role of Budgets and Plans (LO 13-1) Raynor Testing Services (RTS) is a new company that has not yet developed a formal planning and budgeting process. RTS is unsure how to proceed. It understands that the following five steps need to be completed. It is unsure, however, in what order the steps should be done. Required: List the planning and budgeting elements in the correct order