The proper sequence for beginning a percentage-of-sales financial plan is:

A. Establish the relationship of each account to sales, review the sales forecast, and correctly identify the accounts that relate to sales.

B. Start with a sales forecast, establish the relationship of each account to sales, and correctly identify the accounts that relate to sales.

C. Start with a sales forecast, estimate the external funds needed, and estimate the accounts affected by sales.

D. Start with a sales forecast, correctly identify the accounts that relate to sales, and establish the relationship of the account to sales.