Which Statement Relating to the Conceptual Framework's Concept of Understandability

Multiple Choice

Which statement relating to the Conceptual Framework's concept of understandability that is not true?

A) Information about complex matters should be included in the reports if it is considered relevant.
B) It is expected that users of financial statements will be willing to study the information with reasonable diligence.
C) In preparing financial statements it should be assumed that users possess very little knowledge accounting.
D) Every attempt should be made to communicate information in the most effective manner.