The Auditors Have Decided Upon a Materiality Level of $100

Multiple Choice

The auditors have decided upon a materiality level of $100 000 for their audit of ABC Manufacturing.Which one of the following errors would be considered more important by the auditors?

A) an error in accounts receivable cutoff of $50 000
B) an overstatement of accounts payable by $15 000
C) an error in allocation between accounts receivable and accounts payable by $75 000
D) an illegal payment of $15 000