Preferences tab not showing on my Edit drop down

Hi there, I have an m4a file which I am trying to upload to Audacity. On all the YouTube tutorials it tells me I need to go to Edit>preferences>Libraries but my edit tab doesn’t have the ‘preferences’ option on the drop down? I downloaded the ffmpeg anyway but Audacity still won’t allow me to upload an m4a file? Can someone please help me? Thank you

I using MacBook Air macOS 12.1 Monterey

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