With respect to the best practices applicable to all companies, which of the following statements is incorrect?

(A) Comply with the standards and regulations but also ensure that financial statements are an effective part of wider communication with stakeholders.

(B) Disclose complete information in the financial to avoid any further cross questioning in the mind of the users.

(C) Reduce generic disclosures and focus on company specific disclosures that explain how the company applies the policies.

(D) Do not disclose assumptions and bases, so that users are not misled.