Which of the Following Is Not an Accurate Statement About

Which of the following is not an accurate statement about long-term expenditures?

A) Long-term expenditures represent an ongoing tie-up of the firm's funds.
B) Normally,long-term fixed assets are not sold or converted into cash.
C) Long-term expenditures usually require less planning than operating expenditures.
D) Acquisition of fixed assets requires a very large investment of company funds.
E) Long-term expenditures are usually more carefully planned than short-term outlays.