a. Regarding capital budgeting, which of the following statements is FALSE? [3 marks] A. Many projects use resources that the company already owns, which still should be counted as expenses of these projects. B. In capital budgeting, project externalities are direct effects of the project that may increase or decrease the profits of the business activities of other firms. C. Only include as incremental expenses in your capital budgeting analysis if the additional overhead expenses arise because of the decision to take on the project. D. As a practical matter, to derive the forecasted cash flows of a project, financial managers often begin by forecasting earnings