Read the given statement and courses of action carefully. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. Assuming that the information given in the statement is true, decide which of the given courses of action logically follow(s) from the statement. Statement: Some serious and substantial mistakes were found in the financial account statements of a private limited company. Courses of Action: I: A team of experts should be assigned to find the root cause of the mistakes in the accounts of the private limited company and suggest remedial action II: All the involved employees should be thoroughly investigated.

Read the given statement and courses of action carefully. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. Assuming that the information given in the statement is true, decide which of the given courses of action logically follow(s) from the statement. Statement: Some serious and substantial mistakes were found in the financial account statements of a private limited company. Courses of Action: I: A team of experts should be assigned to find the root cause of the mistakes in the accounts of the private limited company and suggest remedial action II: All the involved employees should be thoroughly investigated. Correct Answer Both I and II follow

  • Just as there is a department in the company for every task, a team of experts should be appointed to find out the root cause of mistakes in the accounts of a private limited company and suggest remedial action.
  • A thorough investigation of all the employees involved is necessary to find out the root cause of the mistakes in the accounts of the Private Limited Company.

Hence, the correct answer is "Option 4".

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: The India Risk Survey 2017 report ranks 'Information & Cyber Insecurity' as the biggest risk facing Indian companies. Indian organizations, both public and private, had witnessed over 27,000 incidents of security threat, from January 2017 till June 2017 alone. Phishing, scanning/probing, website intrusions and defacements, virus/malicious code, ransomware, Denial of Service attacks, and data breaches are some ways in which hackers attack business websites, which can cause operational disruptions and potentially steal sensitive information. Small and medium businesses (SMBs), unfortunately, have been seeing rising incidences of cybercrime. In fact, 70 percent of cyberattacks occur at organizations with lesser than 100 employees  Courses of action: I. Mandate basic security practices and policies for all employees, such as 2-factor authentication, internet use guidelines and create and enforce rules on handling and protecting sensitive data. Conduct frequent training to sensitize employees about opening suspicious emails, encrypting their data, using strong passwords on their devices, installing security apps, and limiting activity over public Wi-Fi. Implement and enforce incident reporting to help ensure that even the smallest breach is report to management as well as the IT teams. II. Basics still matter and are some of the best defenses against viruses, malware, and other online threats. Assess the assets that are most at risk - data, servers, network - and ensure that the systems are updated with the latest security software, web browser, and operating system. Implement firewall security and run antivirus software after each update.  III. Ensure regular backup of all critical data - whether stored in-house or on the cloud. Run scheduled attack drills and stress tests to identify vulnerabilities and ensure that data restoration and business continuity are executed as planned.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: Soon you would not need to carry original copies of all vehicle papers like driving licence, vehicle registration certificate, insurance, pollution certificate or the permits issued to commercial vehicles with you. According to a ToI report, the Centre plans to amend Motor Vehicles Rules to make it legal for any citizen to carry digital vehicle documents and simultaneously making it compulsory for traffic police to accept digital version of documents. This means that you would not have to carry physical papers in your vehicle as digital copies of the certificates would be valid.  Courses of action: I. The ministry has proposed installation of FASTags on the front windscreens. FASTag is a device that uses radio frequency identification (RFID) technology for making toll payments directly from the user account.  II. To avail the facility, one has to store all the vehicle documents on the government's cloud-based service DigiLocker and when asked he/she can simply display the stored certificates on a smartphone or any other digital devices. These digital copies can be shared with other departments as identity and address proof.  III. The government has increased the maximum load carrying capacity of heavy vehicles, including trucks, by 20-25 per cent besides scrapping the mandatory annual renewal of fitness certificates for freight carriers. Fitness certificates for trucks would now be renewed in every two years not annually.  Which of the following course/courses of action can be said to be said to be a rudimentary course/courses of action?