The correct sequence of the software development process is: 1. Source code is written by the programmer in a high-level programming language. 2. Compiler translates the source code into object code, which is in machine language but not yet executable. 3. The linker then combines the object code with other necessary libraries or modules to create the final executable code. Thus, the sequence is: Source code → Compiler → Object code → Linker → Executable code.