Question: 2. Determine tolerable misstatement based on inherent and control risk assessments The auditor and the actual amount reported by the client of the lower of

2. Determine tolerable misstatement based on inherent and control risk assessments The auditor and the actual amount reported by the client of the lower of 46% or tolerable misstatement of $0.2 million would be acceptable. So. the actual number is $200,000

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