Which of the Following Is Least Likely to Be Considered

Multiple Choice

Which of the following is least likely to be considered material in an audit of a medium-sized organization?

A) A $1, 000 overstatement of the accrued-vacation payable account.
B) A violation of a government statute.
C) Fraud resulting in a cash loss to the organization.
D) An underpayment to the employee pension fund.