Final answer:
The incorrect statement about schizophrenia is that the most frequent hallucinations are olfactory; in reality, auditory hallucinations are the most common in schizophrenia.
Step-by-step explanation:
The statement that is not true regarding schizophrenia is: D. The most frequent hallucinations are olfactory. While individuals with schizophrenia can experience hallucinations in any of the senses, auditory hallucinations, such as hearing voices that other people do not, are the most common. Schizophrenia is indeed a chronic condition, often with a prodromal phase highlighted in point A, and it was Eugen Bleuler who coined the term 'schizophrenia' as indicated in point B. It is also accurate that the disorder involves a decline in the patient's overall functioning (point C), and social withdrawal and emotional disengagement, as expressed in point E, are common features of this mental illness.