Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :nStatement : The end of a financial year is the ideal time to take a look at the performance of various companies.nAssumptions :nI. All the companies take such a review at the end of a financial year.nII. The performance data of various companies is available.

• A. Only assumption I is implicit
• B. Only assumption II is implicit
• C. Either I or II is implicit
• D. Both I and II are implicit