Logical Reasoning - Statement and Assumption - Discussion

Discussion Forum : Statement and Assumption - Section 2 (Q.No. 49)
Directions to Solve

In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.

Give answer

  • (A) If only assumption I is implicit
  • (B) If only assumption II is implicit
  • (C) If either I or II is implicit
  • (D) If neither I nor II is implicit
  • (E) If both I and II are implicit.


49.

Statement: The end of a financial year is the ideal time to take a look at the performance of various companies.

Assumptions:

  1. All the companies take such a review at the end of a financial year.
  2. The performance data of various companies is available.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Neither I nor II is implicit
Both I and II are implicit
Answer: Option
Explanation:
Since both I and II follow from the given statement, so both are implicit.
Discussion:
10 comments Page 1 of 1.

JMV said:   5 years ago
Only Assumption II is implicit. Assumption I is clearly explicit because of the word "All" which generalizes that all, not "various" companies will show their performance at the end of financial year.
(1)

RIA said:   7 years ago
How come 2?

Since the performance data of companies will be available at the end and not now.
(1)

Jorgeru said:   7 years ago
It's clear why 1st assumption is correct?

The statement give no specific at to which companies, but stated that the end of the financial year is the best moment to review various companies performance.

(So If Person A chose companies X, Y and Z. And at the same time Person B chose F, G and H. Then all companies must take such review at the end of the year).

Shloka sah said:   9 years ago
The second assumption is implicit because you can look at the performance of various companies only if the requisite data is available.

The first assumption even I don't get. I was under the impression that just because some companies do it, you can't generalize all companies doing the same.

Rekha said:   10 years ago
How can assumption II be implicit?
(1)

Creative said:   1 decade ago
The performance of data of various companies is available but they may or may not reveal to others.

Aman said:   1 decade ago
Both statements are false because it does not mean that company will reveal its performance to every body and I is already not assume because all has came instead of various.

Pankaj said:   1 decade ago
My tutor told me where every word is used than that sentence has a negative meaning. So ths conclusion doesnt follow.

Scientist2 said:   1 decade ago
I completely agree with the scientist it does not say all in the statement so Statement I doesnot follow.

The scientist said:   1 decade ago
it is cystal clear from the above question that the 2nd assumption follows but how the 1 statement follows because it has been said that end of the financial year is the ideal time to take the analysis of "various comanies" not all

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