Identify the incorrect statement from the following options:

Explanation

Option A is true because the center of buoyancy corresponds to the centroid of the displaced fluid volume. Option B is correct since stability of a submerged body requires the center of gravity to be below the center of buoyancy. Option C is valid as coincidence of these centers results in neutral equilibrium. Option D is accurate because for floating cylinders or spheres, stability demands the center of gravity be beneath the center of buoyancy. Option E is false since not all floating bodies are stable; stability depends on the relative positions of the centers of gravity and buoyancy.