Good question — this is testing Counting Prime Factors in Factorials, also known as Legendre's Formula, and it's a concept that comes up on harder GMAT Focus Number Properties problems.
The key insight: k equals the total power of 2 in n!, which is found by repeatedly dividing n by 2 and summing the floor values.
Formula: k = floor(n/2) + floor(n/4) + floor(n/8) + ... (add terms until they reach 0)
The big trap: students assume every integer value of k is achievable. It isn't. When n crosses a power of 2, k jumps by more than 1, so some values are skipped entirely.
Step 1 — Check Statement I: k = 4.
Try n = 6: floor(6/2) + floor(6/4) = 3 + 1 = 4. This works.
So k = 4 IS achievable (with n = 6). Statement I is possible. CHECK.
Step 2 — Check Statement II: k = 5.
From n = 6: k = 4 (computed above).
From n = 7: floor(7/2) + floor(7/4) = 3 + 1 = 4 as well.
From n = 8: floor(8/2) + floor(8/4) + floor(8/8) = 4 + 2 + 1 = 7.
k jumps from 4 (at n = 7) directly to 7 (at n = 8), skipping 5 and 6.
So k = 5 is NOT achievable. Statement II is not possible. X
Step 3 — Check Statement III: k = 6.
Same jump: at n = 7 we get k = 4, and at n = 8 we get k = 7. k = 6 is skipped.
So k = 6 is NOT achievable. Statement III is not possible. X
Answer: A (I only)
Why does this happen? Adding n = 8 contributes three new factors of 2 at once (because 8 = 2^3 contributes to the floor(n/2), floor(n/4), and floor(n/8) terms simultaneously). So k jumps by 3 in a single step. This is the same reason why k values like 2, 5, 6 cannot be produced by any factorial.
Takeaway: on "which of the following COULD be k" questions for factorials, build a small table of k values for consecutive n. The first time you see a value or skip, you'll know immediately which statements work.