Indicate which of the following statements is most correct by placing the number in the marked square ->

1. Businesses should ensure that absolutely every person has the change to participate in the budgeting process.

2. Businesses should ensure that their budgeting process is totally objective, reliant on formulas and models to predict outcomes.

3. Businesses should ensure that they seek feedback and information from a variety of sources to input into budgets.

4. Businesses should ensure that budgeting is only engaged in by members of senior management and accountants.