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Tolerable Error Is the Minimum Error an Auditor Is Willing

question 24

True/False

Tolerable error is the minimum error an auditor is willing to accept within the population tested.


Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of mental disorders published by the American Psychiatric Association.

Mental Illness

A broad term for disorders that affect mood, thinking, and behavior, with varying degrees of impact on day-to-day functioning.

Discouraged

Feeling a loss of confidence or enthusiasm; disheartened.

Hopeless

A state of despair in which an individual feels that their situation is beyond improvement, often associated with depression.

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