{"id":55751,"date":"2024-04-16T00:32:45","date_gmt":"2024-04-16T00:32:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=55751"},"modified":"2024-04-16T00:32:45","modified_gmt":"2024-04-16T00:32:45","slug":"directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/","title":{"rendered":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: C. Either I or II is implicit.<\/p>\n<p>The statement &#8220;The end of a financial year is the ideal time to take a look at the performance of various companies&#8221; does not explicitly state that all companies take such a review at the end of a financial year, nor does it explicitly state that the performance data of various companies is available. However, both of these assumptions are necessary for the statement to be true.<\/p>\n<p>If all companies did not take such a review at the end of a financial year, then the end of the financial year would not be the ideal time to take a look at their performance. Similarly, if the performance data of various companies was not available, then it would not be possible to take a look at their performance at the end of the financial year.<\/p>\n<p>Therefore, either assumption I or assumption II must be implicit in the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[721],"tags":[],"class_list":["post-55751","post","type-post","status-publish","format-standard","hentry","category-statement-and-assumption","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available.\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:32:45+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/","og_locale":"en_US","og_type":"article","og_title":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available.","og_description":"[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T00:32:45+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/","url":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/","name":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available.","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-16T00:32:45+00:00","dateModified":"2024-04-16T00:32:45+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-end-of-a-financial-year-is-the-ideal-time-to-take-a-look-at-the-perform\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Competitive reasoning","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/competitive-reasoning\/"},{"@type":"ListItem","position":4,"name":"Statement and assumption","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/competitive-reasoning\/statement-and-assumption\/"},{"@type":"ListItem","position":5,"name":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The end of a financial year is the ideal time to take a look at the performance of various companies. Assumptions : I. All the companies take such a review at the end of a financial year. II. The performance data of various companies is available."}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/55751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=55751"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/55751\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=55751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=55751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=55751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}