Which of the Following Is Not True About Internal Controls

Which of the following is not true about internal controls over the financial reporting process?

A) The process is developed by management
B) The process is designed to assure that the company maintains records in sufficient detail to record the transactions of the company to permit the preparation of financial statements
C) The process is to demonstrate that the company spends its money and acquires and disposes of its assets in ways consistent with the wishes of management
D) The process ensures that receipts and expenditures of the company are being made only in accordance with the directors of the company