Which of the following is an inappropriate description of management's role in preparing financial statements and reports on internal control over financial re- porting? Management has the primary responsibility for:

a. Determining the scope of internal and external audit activities.

b. Preparing financial statements that are fairly presented in accordance with GAAP.

c. Selecting accounting principles that best portray the economic reality of the organization's transactions and current state.

d. Developing, implementing, and assessing the internal control processes over fi- nancial reporting.