Which One of the Following Statements Is Not True

Which one of the following statements is not true?

A) The aim of Corporate Governance is to give investors' confidence in the honesty and accountability of listed companies.
B) Internal auditors report on the annual financial statements.
C) External auditors cannot be employees of the auditee company.
D) Internal control systems are set up to assist directors with their duty to safeguard the assets of the company and to ensure that operations are fully under control.