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Statement: The end of a financial year is the ideal time to take a look at the performance of various companies.
Assumptions:
All the companies take such a review at the end of a financial year.
The performance data of various companies is available.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit
Explanation:

Answer: Option D
Explanation:
Since both I and II follow from the given statement, so both are implicit.
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