Question
Statement: please consult before making any decision on
imports from the company. Assumption: 1) It is vital to take a right decision. 2) You may take a wrong decision, if you donтАЩt consult me. Direction:┬а In each question below is given┬аa statement followed by two assumptions numbered I and II.┬аAn assumption is something supposed or taken for granted.┬аYou have to consider the statement and the following┬аassumptions and decide which of the assumptions is implicit┬аin the statement. 1) Only assumption I is implicit 2) Only assumption II is implicit 3) Either I or II is implicit 4) Both I and II are implicit 5) Both I and II are implicitSolution
Firstly, it is assumed in the light of the statement that it is important to take a right decision. Secondarily, it is directed in the statement that consultation is necessary before making any decision on the import. It is, therefore assumed that person directed may take a wrong decision.┬а
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Besides the traditional techniques of budgetary control and standard costing, there are several other techniques of control that have been developed in ...
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