"Carried interest" is the term used to denote the profit : GMAT Sentence Correction (SC)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 22 Jan 2017, 10:36

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# "Carried interest" is the term used to denote the profit

Author Message
TAGS:

### Hide Tags

SVP
Joined: 03 Feb 2003
Posts: 1603
Followers: 8

Kudos [?]: 245 [0], given: 0

"Carried interest" is the term used to denote the profit [#permalink]

### Show Tags

15 Jun 2004, 23:56
00:00

Difficulty:

(N/A)

Question Stats:

100% (02:23) correct 0% (00:00) wrong based on 1 sessions

### HideShow timer Statistics

"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.

(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are

(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are

(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are
If you have any questions
New!
Manager
Joined: 01 Jun 2004
Posts: 184
Location: Kiev, Ukraine
Followers: 1

Kudos [?]: 6 [0], given: 0

### Show Tags

16 Jun 2004, 00:23
stolyar wrote:
"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.

(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are

(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are

(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are

I think that the answer is D.

A, B - eliminated because of the use of past tense

It was a tough choice between C, D & E.

C - 'in both X and in Y'
D - 'both in X and in Y'
E - 'both in X and Y'

D sounded the best to me because of its parallel structure.
_________________

Senior Manager
Joined: 25 May 2004
Posts: 282
Location: Ukraine
Followers: 1

Kudos [?]: 17 [0], given: 0

### Show Tags

16 Jun 2004, 01:19
Only D has the right tense and the right structure.

The correct parallel structure is either

both in X and in Y

or

in both X and Y.
SVP
Joined: 16 Oct 2003
Posts: 1810
Followers: 4

Kudos [?]: 136 [0], given: 0

### Show Tags

16 Jun 2004, 06:51

Carried interest is so there are should be used. The VT split is followed by a pronoun both which refers to noun phrase. The key here (I feel) is and howâ€”which is used to emphasize the preceding idea i.e size, how is size calculated.

split both in the size and how it is calculated and accruedâ€¦â€¦.
SVP
Joined: 03 Feb 2003
Posts: 1603
Followers: 8

Kudos [?]: 245 [0], given: 0

### Show Tags

16 Jun 2004, 11:42
The answer is Dâ€”it employs a correct tense and the most parallel structure.
16 Jun 2004, 11:42
Similar topics Replies Last post
Similar
Topics:
Unlike other mammals that carry their offspring to term and 6 12 Jun 2011, 01:35
In astronomy the term red shift denotes the extent to which 1 28 Feb 2008, 16:51
In astronomy the term red shift denotes the extent to which 2 20 Jul 2007, 12:33
In astronomy the term red shift denotes the extent to which 2 15 Jul 2007, 22:00
In astronomy the term red shift denotes the extent to which 10 26 May 2007, 16:31
Display posts from previous: Sort by