Which of the Below Statements Is FALSE

Which of the below statements is FALSE?

A) Absent from any balance sheet of a depository institution is interest rate risk exposure.
B) Managers must be willing to accept some exposure, but they can take various measures to address the interest rate sensitivity of the institution's liabilities and its assets.
C) Regulators impose restrictions on the degree of interest rate risk a depository institution may be exposed to.
D) A depository institution will have an asset/liability committee that is responsible for monitoring the interest rate risk exposure.