Which of the following statements relating to Capital Budgeting are incorrect?

a) Contingency planning includes options to expand, abandon and wait or delay projects

b) Strategic options are future options related to business strategies whose value may be difficult to measure

c) Capital Rationing exists where companies have positive NPV projects but can't access sufficient funding

d) Soft rationing occurs when business units are not allocated any financing for capital budgeting

e) Sensitivity analysis is a form of scenario analysis