Select the statement that does not correctly present the fiduciary relationship that is supposed to exist between managerial employees and employers.

A $$ Managers have special expertise that owners must rely on$,$ so they are given wider responsibilities.

B $$ Managers are free from close day$-$to$-$day oversight by owners.

C $$ Because managers have greater freedom from day$-$to$-$day supervision from owners, they are not generally understood to have a strong fiduclary duty to always act in the best financial interest of the owners.

D The legal duties of loyalty, trust, obedience, and confidentiality are understood to override the manager's personal interests.