| Directions: Each of the following questions consist? of two statements, one is Assertion (A) and the other is Reason (R). Give answer: |
| Assertion (A): External analysis is conducted by those who do not have access to detailed records of an enterprise and therefore depend on published accounts. |
| Reason (R): External analysis is conducted by management |
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
C) Assertion (A) is true but Reason (R) is false.
D) Assertion (A) is false but Reason (R) is true.
Correct Answer: C
Solution :
[c]
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