This Question Is Subjective

Multiple Choice

This question is subjective.Which of the following statements might be most appropriate in terms of providing guidance on determining a materiality level?

A) If the amount is equal or greater than 10% of the appropriate base amount, the item is material.
B) If the amount is equal or greater than 10% of the appropriate base amount, the item is immaterial.
C) If the amount is equal or less than 5% of the appropriate base amount, the item is material
D) If the amount is equal or greater than 10% of the appropriate base amount, the item is material; if the amount is equal or less than 5% of the appropriate base amount, the item is immaterial.