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    Question

    A statement is given, followed by two assumptions

    numbered (I) and (II). Decide which of the given assumptions is valid. Statement: Since the CEO is going on a one-month leave, he asked the CFO to take over the operations of the company for that period. ┬аAssumption I: The CFO has the necessary skills to run the company effectively.┬а Assumption II: The CFO may not accept the request of the CEO.
    A Only I is a valid assumption Correct Answer Incorrect Answer
    B Only II is a valid assumption Correct Answer Incorrect Answer
    C Either I or II is a valid assumption Correct Answer Incorrect Answer
    D Neither I nor II is a valid assumption Correct Answer Incorrect Answer
    E Both I and II is a valid assumption Correct Answer Incorrect Answer

    Solution

    If the CFO is being asked to take charge of the company, it is definitely implied that he has the skills to do so. Thus, Assumption I is a valid assumption. Whether the CFO accepts the offer or not is in no way implicit in the given statement. Thus, Assumption II is not a valid assumption. Hence, the correct answer is (A).

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