To Which of the Following Matters Would Materiality Limits Not

Multiple Choice

To which of the following matters would materiality limits not apply in obtaining written management representations?

A) The availability of minutes of stockholders' and directors' meetings.
B) Losses from purchase commitments at prices in excess of market value.
C) The disclosure of compensating balance arrangements involving related parties.
D) Reductions of obsolete inventory to net realizable value.