Discussion
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.
Answer: E
Correct answer: Both I and II are implicit
Calling it the ideal time presupposes that the figures are then to hand - assumption II - and that a review at that point is what companies undertake, which is assumption I. Both are implicit.
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