Which of the Following Statements Is Incorrect

Which of the following statements is incorrect?

A) Some firms allowed their CEOs to backdate options that they were granted to an earlier period when the stock price was lower.
B) Backdating is completely inconsistent with the idea of granting options to encourage managers to focus on maximizing the stock price.
C) Firms readily promote their option compensation programs and are more than willing to acknowledge that the options are an expense.
D) All of the above are correct.