Question Detail
In each question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.
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.
Statement : We must settle all the payment due to our suppliers within three working days.
Assumptions :
I. We will always have necessary funds in our account to settle the bills.
II. We are capable of verifying and clearing the bills in less than three working days.
- 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 E
Explanation:
Since the statement talks of making all payments within three days, so company has funds and also bills can be cleared within said time. So both assumptions are implicit.