1 answer

Need #13,15,16 correct answers with explanations reports o f additional pe 12 Which of the wing...

Question:

reports o f additional pe 12 Which of the wing types of to support the A) United Ungalificdepisi Que opios 13. Auditors try t

need #13,15,16 correct answers with explanations

12. W e ing types of the reportador pon Apudied U Coals no 13. And t here is Arabile Cyril D an be made 14 The pro per f or 1

reports o f additional pe 12 Which of the wing types of to support the A) United Ungalificdepisi Que opios 13. Auditors try to render e in appen in onder A) publi c e in the profesi 15) heidinfot comply with the respos t es principle 14. The papers of diplo prior to the beging of a work in propriate Aparning. Chicfomation valus D quality 15 Which parting to de v e of the clien t wwwding to the pe rmekp 3/5 Audio s of opinion Que poder of opinen D) Qualificado r adverse oplos 16. The state of mind that characters the audien' appropriate questing and met ooit des informed to indre Yr janen. Dy profesoral skeptici i s required 13. Before to add a new chw Al make inquiries of the decade b the act of the mi shuan is tiydia's to the matter
12. W e ing types of the reportador pon Apudied U Coals no 13. And t here is Arabile Cyril D an be made 14 The pro per f or 15. Which predsth e t Uredited Bi c o opies pian 16. The width the appropria Alleine the produ the prospecting deng Did the e the the the n mening the with the respective is wa

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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