Statement : Some serious blunders were detected in the Accounts section of a factory. Courses of Action : I. An efficient team of auditors should be appointed to check the Accounts. II. A show cause notice should be issued to all the employees involved in the irregularity.

The correct answer is E. Both I and II follow.

The statement says that some serious blunders were detected in the Accounts section of a factory. This means that there is a possibility that the accounts are not accurate or that there has been some kind of fraud. In order to investigate this, it is necessary to appoint an efficient team of auditors to check the accounts. This will help to determine the extent of the problem and whether or not any laws have been broken.

In addition, it is also important to issue a show cause notice to all of the employees involved in the irregularity. This will give them an opportunity to explain their actions and to provide any evidence that they may have. It will also help to deter future incidents of fraud or negligence.

Therefore, both courses of action are necessary in order to address the problem that has been detected in the Accounts section of the factory.