Question
Statements: All rollers are coasters. Some
swings are rollers. All bridges are swings. . Conclusions: I. All coasters being swings is a possibility. II. Some swings are not bridges. III. At least some rollers are definitely swings. In each of the questions below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.Solution
Some swings are rollers(I) + All rollers are coasters(A) ⇒ Some swings are coasters(I) ⇒Probable conclusion ⇒ All coasters may be swings(A). Hence, conclusion I follows. All bridges are swings(A) ⇒ Conversion ⇒ Some swings are bridges(I). Hence, conclusion II does not follow. Some swings are rollers(I) ⇒ Conversion ⇒ Some rollers are swings(I). Hence, conclusion III follows.
Sensitivity Analysis is useful in decision making because __________.
Which of the following best describes the interest on government bonds?
An auditor is required to determine the ________ of audit procedures according to the requirements of Standards on Auditing.
___________ implies the overall market risk that affects all securities and cannot be diversified away.
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
Voucher relates to _________.
To save a workbook, __________ function key should be pressed.
What is the minimum amount of loan outstanding of a borrower or a guarantor who has committed wilful default , to be known as a Wilful defaulte r?
Capital structure of a firm influences the:
A company has the following data for two products: Product A requires 200 machine hours and 50 setups; Product B requires 400 machine hours and 10 setup...
