Tolerable Misstatement Is

Multiple Choice

Tolerable misstatement is

A) a matter of professional judgment
B) the amount of misstatement,on the basis of the auditor's professional judgment,that should be present in the account balance or class of transactions
C) the maximum misstatement in the account balance or class of transactions that the auditor is willing to accept
D) the level of audit risk the auditor is willing to accept
E) both A and C
F) both B and D
G) both D and E