Answers
13. (A) Maintain public confidence in the profession.
There may be a situation where the auditor is independent in his actions but due to some relation or connection of the auditor with the company , known to public, he doesn't appear to be independent. So the public won't rely on his audit report , even though he has acted independently.
Thus, the auditor tries to achieve independence in appearance in order to maintain public confidence in the profession.
15. (D) Qualified or Adverse Opinion
If the client's Financial Statements are not prepared according to applicable financial framework and if,
The effect of such misstatement is material but not pervasive, then auditor shall give Qualified Opinion.
And if the effect of such misstatement is material and pervasive, then auditor shall give Adverse Opinion.
16. (D) Professional Skepticism
Professional skepticism is an attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement due to error or fraud, and a critical assessment of audit evidence.
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