Answer:
It is used to determine sample size, select and evaluate sample. So,options A to D are correct
Explanation:
When a financial statement line item deviate from its true amount without impacting a justified presentation of the entire financial statements, their occur a deviation in amount. This deviation in amount is known as TOLERABLA MISSTATEMENT.
Tolerable misstatements is used by auditors to evaluate the financial statements of a client.
Material misstatements are the addition of tolerable misstatements in several financial statement line items.
Tolerable misstatements are used to determine sample size, select the sample and evaluate results.
