How can I enable lossless audio playback in Music app on macOS 15.4?

On my new MacBook Pro, running 15.4, I go to settings, then apps and then music. While I am able to set video playback at 4K and HD for picture and sound, I CANNOT find a way to music , namely audio only, lossless in playback. It appears not to be on the music app.

[Re-Titled by Moderator]