Resolving Stanley's conjecture on $k$-fold acyclic complexes

In 1993 Stanley showed that if a simplicial complex is acyclic over some field, then its face poset can be decomposed into disjoint rank $1$ boolean intervals whose minimal faces together form a subcomplex. Stanley further conjectured that complexes with a higher notion of acyclicity could be decomposed in a similar way using boolean intervals of higher rank. We provide an explicit counterexample to this conjecture. We also prove a version of the conjecture for boolean trees and show that the original conjecture holds when this notion of acyclicity is as high as possible.