Step 1: Understanding the Concept
A nerve impulse is generated by a sudden change in the permeability of the axon membrane to sodium.
Step 2: Order of events
IV: a stimulus makes the membrane highly permeable to \(\text{Na}^{+}\).
II: \(\text{Na}^{+}\) ions diffuse in from the ECF.
I: positive ions accumulate inside the axon.
III: potential changes from \(-70\ \text{mV}\) to about \(+30\ \text{mV}\).
Step 3: Conclusion
The correct sequence is IV, II, I, III.
Final Answer:
The sequence is IV, II, I, III.
\[ \boxed{\text{(B) }\text{IV}\rightarrow\text{II}\rightarrow\text{I}\rightarrow\text{III}} \]