A company manufacturing air-conditioners has set a monthly target. The target and realised values are shown in the bar chart. Consider the following statements based on the chart: I. > The targeted sales on a monthly basis have been achieved. II. > The ov

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Q: 138 (IAS/1999)
A company manufacturing air-conditioners has set a monthly target. The target and realised values are shown in the bar chart. Consider the following statements based on the chart:
I. The targeted sales on a monthly basis have been achieved.
II. The overall target value has been exceeded by 7.5%.
III. The Sales Department deserves a pat on the back.
Which of the above statements is/are correct ?

question_subject: 

Maths

question_exam: 

IAS

stats: 

0,1,3,0,1,2,1

keywords: 

{'overall target value': [0, 1, 0, 0], 'bar chart': [0, 1, 0, 0], 'monthly target': [0, 1, 0, 0], 'targeted sales': [0, 1, 0, 0], 'chart': [0, 2, 0, 0], 'values': [0, 2, 1, 3], 'target': [0, 1, 2, 6], 'monthly basis': [0, 1, 1, 0], 'company': [2, 2, 8, 11]}

Option 1 suggests that the target sales were achieved every month, while option 2 states that the total target has been surpassed by 7.5%. Option 3 combines the first and second statement, and Option 4 implies both statements related to the exceeded target and the sales department deserving recognition.

Without the actual bar chart, we cannot verify statement 1 directly, but we may assume the target has not been met every month as the provided answer is 2, which only includes statement II.

By choosing answer 2, we understand that overall, the company has exceeded its target by 7.5%, even if it didn`t meet its target every month.

The correctness of statement III (The Sales Department deserves a pat on the back) is subjective and based on individual opinion regarding the department`s performance, so it cannot be validated objectively from the chart. This could explain why it was not included in the chosen answer.