Which of the following statements regarding capital expenditures is incorrect? Select one: A. Installment payments related to the purchase of short-term assets are included in the capital expenditures budget. B. Capital expenditures include delivery trucks, computer systems, and manufacturing equipment O C. Capital expenditures are purchases of long-term assets. D. The decision to purchase long-term assets is part of a strategic plan. The flexible budget variance is the difference between the Select one: A. expected results in the flexible budget for the units expected to be sold and the static budget B. actual results and the expected results in the flexible budget for the actual units sold C. flexible budget and actual amounts due to differences in volumes D. flexible budget and static budget due to differences in fixed costs