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Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).
James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.
While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.
James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.
Which of the following would be a suitable decision on James’ part?
  • a)
    Sending the corrected report to CFO and division manager.
  • b)
    Sending the corrected report to the division manager first, asking him to look into it.
  • c)
    Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.
  • d)
    Making a personal note of the error but not sending out a corrected report
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Question: Group Question For each of the following questions, read th...
Sending the report to the CFO might prove detrimental to James’ predecessor’s career, but as a part of his responsibility towards his employer, James must point out the error to the division manager and ask him to look into it. Thus, the correct decision would be to bring the error to the division manager’s notice and ask him to act accordingly. This vindicates option 2 as the right decision.
Option 1 could prove to be a hasty course of action on his part. It would be better to check with the division manager first. Eliminate option 1.
Option 3 is unethical since James has to report to both, the division manager and the CFO. Eliminate option 3.
Option 4 would be irresponsible since it is necessary that James discloses any errors he finds in the reports he reviews. Eliminate option 4.
Hence, the correct answer is option 2.
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James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.Q. James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promote d) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?

Directions : Read the following passage carefully and answer the questions given after the passage. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.States are highly competitive actors and the competitiveness that exists between them has become increasingly intensified as the world order has become ever more globalised. In order to be successful and prosperous in this competitive environ­ment states require access to reliable intelligence that reveals the strengths and weaknesses of their competitors. Knowledge is power, after all.A significant amount of intelligence collected by states is from sources which are publicly available. Espionage is a prevalent method of gathering intelligence and describes 'the consciously deceitful collection of information, ordered by a govern­ment or organisation hostile to or suspicious of those the information concerns, accomplished by humans unauthorised by the target to do the collecting'. Espio­nage, then, is the unauthorised collection of non-publicly available information. The act of espionage can be committed through various methods. In its traditional conception, espionage describes the practice whereby a state dispatches an agent into the physical territory of another state in order to access and obtain confidential information. States have, however, exploited technological developments in order to devise more effective methods through which to conduct espionage. Since the emergence of vessels, aeroplanes and celestial bodies, the sea, the skies and outer space have all been used as platforms to engage in (often electroni c) surveillance of adversaries; that is, to commit espionage from afar. It therefore comes as no surprise that since its creation cyberspace has also been harnessed as a medium through which to commit espionage. Indeed, the exploitation of cyberspace for the purpose of espionage has emerged as a particularly attractive method to acquire confidential information because of the large amount of information that is now stored in cyberspace and because cyberspace affords a considerable degree of ano­nymity to perpetrators of espionage and is thus a relatively risk free enterprise.Unsurprisingly, espionage has 'metastasised' since the emergence of cyber­space and reports suggest that cyber espionage projects are now prevalent. As an illustration, in February 2013 the Mandiant Report identified China as a persis­tent perpetrator of cyber espionage. In fact, the report claims that a cyber espio­nage entity known as Unit 61398 has been specifically created by the Chinese gov­ernment and is formally incorporated into the Chinese People's Liberation Army. The Report suggests that Unit 61398 is responsible for organising and instigating a massive cyber espionage campaign against other states and non-state actors, seek­ing to exploit vulnerable computer systems in order to access sensitive and confi­dential information with the aim of bolstering China's position in the international political and economic order. Only four months later in June 2013 cyber espionage was again thrust firmly into the international spotlight when Edward Snowden, a former contractor for the US National Security Agency (NS

Directions : Read the following passage carefully and answer the questions given after the passage. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.States are highly competitive actors and the competitiveness that exists between them has become increasingly intensified as the world order has become ever more globalised. In order to be successful and prosperous in this competitive environ­ment states require access to reliable intelligence that reveals the strengths and weaknesses of their competitors. Knowledge is power, after all.A significant amount of intelligence collected by states is from sources which are publicly available. Espionage is a prevalent method of gathering intelligence and describes 'the consciously deceitful collection of information, ordered by a govern­ment or organisation hostile to or suspicious of those the information concerns, accomplished by humans unauthorised by the target to do the collecting'. Espio­nage, then, is the unauthorised collection of non-publicly available information. The act of espionage can be committed through various methods. In its traditional conception, espionage describes the practice whereby a state dispatches an agent into the physical territory of another state in order to access and obtain confidential information. States have, however, exploited technological developments in order to devise more effective methods through which to conduct espionage. Since the emergence of vessels, aeroplanes and celestial bodies, the sea, the skies and outer space have all been used as platforms to engage in (often electroni c) surveillance of adversaries; that is, to commit espionage from afar. It therefore comes as no surprise that since its creation cyberspace has also been harnessed as a medium through which to commit espionage. Indeed, the exploitation of cyberspace for the purpose of espionage has emerged as a particularly attractive method to acquire confidential information because of the large amount of information that is now stored in cyberspace and because cyberspace affords a considerable degree of ano­nymity to perpetrators of espionage and is thus a relatively risk free enterprise.Unsurprisingly, espionage has 'metastasised' since the emergence of cyber­space and reports suggest that cyber espionage projects are now prevalent. As an illustration, in February 2013 the Mandiant Report identified China as a persis­tent perpetrator of cyber espionage. In fact, the report claims that a cyber espio­nage entity known as Unit 61398 has been specifically created by the Chinese gov­ernment and is formally incorporated into the Chinese People's Liberation Army. The Report suggests that Unit 61398 is responsible for organising and instigating a massive cyber espionage campaign against other states and non-state actors, seek­ing to exploit vulnerable computer systems in order to access sensitive and confi­dential information with the aim of bolstering China's position in the international political and economic order. Only four months later in June 2013 cyber espionage was again thrust firmly into the international spotlight when Edward Snowden, a former contractor for the US National Security Agency (NS

Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer?
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Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Question: Group Question For each of the following questions, read the caselet and answer the question(s) that follow(s).James is a recent graduate who has just started his first job in the finance department of a major publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive reports that analyze costs and revenues for different divisions. James sends completed reports to his direct supervisor and the CFO. The CFO then uses the information while planning economic strategies and forecasting for the company, often referencing the data during critical meetings.While James considers himself to be detailed-oriented, the complicated nature of the reports and the sheer volume of data can sometimes be overwhelming, particularly since they have strict deadlines. Though James works hard to prepare the reports as accurately as possible, he often finds errors after he has already sent them off as finals. When the errors are critical, he revises the reports and resends them. However, some of the errors are minor in his estimation, and he doubts that the CFO will use or look at these figures. James is ambitious and wants to be promoted, but worries that if he sends out frequently updated reports, he will appear unreliable and unqualified. He feels caught between ensuring maximum accuracy and meeting strict deadlines.James is promoted for his diligence and now he has to review any reports being generated by the analysts and send them to the division manager (who was working in his position before being promoted) and the CFO. After taking charge, James notices that in a recent report reviewed by his predecessor, there’s a critical error he seems to have overlooked.Which of the following would be a suitable decision on James’ part?a)Sending the corrected report to CFO and division manager.b)Sending the corrected report to the division manager first, asking him to look into it.c)Sending the corrected report to the CFO alone, pointing out James' predecessor’s mistake.d)Making a personal note of the error but not sending out a corrected reportCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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