Madison Corporation has a few large accounts receivable that total $$1,000,000.$ Nassau Corporation has a great number of small accounts receivable that also total $$1,000,000.$ The importance of a misstatement in any one account is therefore greater for Madison than for Nassau. This is an example of the auditor$$s concept of

Group of answer choices

Materiality.

Comparative analysis.

Reasonable assurance.

Audit risk.