1.  Statement : The end of financial year is the ideal time to take a look at the performance of various companies.
Assumptions : 

I. All the companies take such a review at the end of a financial year.
II. The performance data of various companies is available.


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

Answer: Option E

Explanation:

Since both I and II follow from the given statement, so both are implicit.