Which of the Following Is Not True Concerning the FASB

Which of the following is not true concerning the FASB and the IASB conceptual frameworks?

A) Both the FASB and the IASB rely on a conceptual framework to guide their standard-setting decisions.
B) The conceptual framework is not a rigorous set of principles from which standard setters can logically deduce appropriate financial reporting standards.
C) The purpose of a conceptual framework is to guide auditors' decisions in order to enhance the quality and consistency of the audits.
D) The FASB and the IASB have separately developed their conceptual frameworks, and those frameworks are similar.
E) The two standard-setting bodies are currently working to develop a common conceptual framework for financial reporting.