A. From the simplified structural formula, we can see that the molecular formula of the organic compound is C10H16O, so A is correct;

B. The molecule contains a carbon-carbon double bond, which can undergo an oxidation-reduction reaction with acidic potassium permanganate, so B is correct;

C. The molecule contains hydroxyl groups, which can react with sodium to generate hydrogen gas, so C is correct;

D. The molecule contains carbon-carbon double bonds and can undergo addition reactions. It contains hydroxyl groups and cannot undergo hydrolysis reactions, so D is wrong.

So choose D.