Step 1: Understanding the Concept:
Signal transduction pathways distinguish extracellular primary messengers (hormones/neurotransmitters) from intracellular second messengers.
Step 2: Detailed Explanation:
Evaluating signaling messengers:
1. Second Messengers (Intracellular): Small, diffusible intracellular signaling molecules generated in response to receptor activation that amplify and relay signals inside the cytosol. Universal examples include cAMP, cGMP, Inositol 1,4,5-trisphosphate ($\text{IP}_3$), Diacylglycerol (DAG), and Calcium ions ($\text{Ca}^{2+}$).
2. Acetylcholine (ACh): An extracellular neurotransmitter hormone acting as a First Messenger that binds cell-surface nicotinic or muscarinic receptors.
Step 3: Final Answer:
Hence, Acetyl choline is NOT a second messenger, matching option (C).