In a subcontracting process, settling component consumption by the subcontractor is important to ensure accurate inventory and cost tracking, so 'settle components consumption by subcontractor' is a valid step. Posting subsequent adjustment of component consumption is necessary to account for any discrepancies that may occur during the manufacturing process. Creating an outbound delivery for components to be provided ensures that the subcontractor receives the necessary materials to perform their tasks. Therefore, the correct steps in the subcontracting process are settling component consumption by subcontractor, posting subsequent adjustment of component consumption, and creating an outbound delivery for components to be provided.