The sequence of three steps involved in the following conversion is 
Step 1: Understanding the reaction sequence.
In this reaction, the first step involves a Friedel-Crafts acylation to form the acylated product. The second step is Friedel-Crafts alkylation, and the final step is reduction, which reduces the carbonyl group to form the desired product.
Step 2: Analyzing the options.
(A) (i) Friedel-Crafts alkylation; (ii) Reduction; (iii) Friedel-Crafts acylation: Incorrect — This sequence is not correct as it involves the wrong order of reactions.
(B) (i) Friedel-Crafts acylation; (ii) Friedel-Crafts alkylation; (iii) Reduction: Correct — This is the correct order for the reactions.
(C) (i) Friedel-Crafts acylation; (ii) Reduction; (iii) Friedel-Crafts alkylation: Incorrect — This sequence is not correct and does not represent the proper order of reactions.
(D) (i) Friedel-Crafts alkylation; (ii) Friedel-Crafts acylation; (iii) Reduction: Incorrect — This sequence is not correct and does not represent the proper order of reactions.
Step 3: Conclusion.
The correct answer is (B) as it correctly represents the sequence of reactions.