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Since 1986, when the Department of Labor began to allow

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Since 1986, when the Department of Labor began to allow [#permalink] New post 12 Jan 2010, 08:05
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Question Stats:

70% (02:30) correct 30% (01:37) wrong based on 39 sessions
Since 1986, when the Department of Labor began to allow investment officers' fees to be based on how the
funds they manage perform, several corporations began
paying their investment advisers a small basic fee,
with a contract promising higher fees if the managers perform well.
(A) investment officers’ fees to be based on how the funds they manage perform, several corporations
began
(B) investment officers’ fees to be based on the performance of the funds they manage, several
corporations began
123
(C) that fees of investment officers be based on how the funds they manage perform, several corporations
have begun
(D) fees of investment officers to be based on the performance of the funds they manage, several
corporations have begun
(E) that investment officers' fees be based on the performance of the funds they manage, several
corporations began
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Re: SC-Investment officer [#permalink] New post 12 Jan 2010, 09:04
jitendra wrote:
Since 1986, when the Department of Labor began to allow investment officers' fees to be based on how the
funds they manage perform, several corporations began
paying their investment advisers a small basic fee,
with a contract promising higher fees if the managers perform well.
(A) investment officers’ fees to be based on how the funds they manage perform, several corporations
began - [totally awkward]
(B) investment officers’ fees to be based on the performance of the funds they manage, several
corporations began
123
(C) that fees of investment officers be based on how the funds they manage perform, several corporations
have begun ["began to allow that" is not a good construct, another problem same as option A]
(D) fees of investment officers to be based on the performance of the funds they manage, several
corporations have begun - [inactive from active speech, tense issue]
(E) that investment officers' fees be based on the performance of the funds they manage, several
corporations began - [same as option C above]


Very good Question. Takes a moment to sink-in properly. My go for Option B only. what's the OA?
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Re: SC-Investment officer [#permalink] New post 12 Jan 2010, 10:31
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IMO, D. It should be "Since.. have begun"
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Re: SC-Investment officer [#permalink] New post 14 Jan 2010, 08:04
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OA is D
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Re: SC-Investment officer [#permalink] New post 14 Jan 2010, 10:59
Was confused between B and D, but picked D
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Re: SC-Investment officer [#permalink] New post 15 Apr 2010, 09:20
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The correct answer is D. Whenever "since" is in a sentence this indicates the present perfect (has/have + participle) needs to be used. The action happened in the past and is continuing to happen.
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Re: SC-Investment officer [#permalink] New post 15 Apr 2010, 11:18
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should be (D)

Since 1986, when the Department of Labor began to allow investment officers' fees to be based on how the
funds they manage perform, several corporations began
paying their investment advisers a small basic fee,
with a contract promising higher fees if the managers perform well.

(A) investment officers’ fees to be based on how the funds they manage perform, several corporations began - "they" has no referent

(B) investment officers’ fees to be based on the performance of the funds they manage, several corporations began - "they" has no referent

(C) that fees of investment officers be based on how the funds they manage perform, several corporations
have begun - very awkward

(D) fees of investment officers to be based on the performance of the funds they manage, several corporations have begun

(E) that investment officers' fees be based on the performance of the funds they manage, several corporations began - "they" has no referent
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Re: SC-Investment officer [#permalink] New post 16 Apr 2010, 10:47
Since 1986, when the Department of Labor began to allow investment officers' fees to be based on how the funds they manage perform, several corporations began paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
(A) investment officers’ fees to be based on how the funds they manage perform, several corporations began
(B) investment officers’ fees to be based on the performance of the funds they manage, several corporations began
(C) that fees of investment officers be based on how the funds they manage perform, several corporations have begun
(D) fees of investment officers to be based on the performance of the funds they manage, several corporations have begun
(E) that investment officers' fees be based on the performance of the funds they manage, several corporations began

Some thoughts:
1. Since + Time + Present perfect tense:
Since the sentence has begun with "since +time", we should be stick to the use of present perfect tense.
=> This eliminates A, B, and E.
2. "To allow X to do Y" is the correct idiom. So, the use of "to allow that X be y" is not not redundant but also unidiomatic.
=> This eliminates C.
Answer: D
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Re: Since 1986, when the Department of Labor began to allow [#permalink] New post 25 Aug 2012, 06:52
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In A, B and E, began is in the wrong tense. Since requires the present perfect tense: since 1986...several corporations HAVE BEGUN. Eliminate A, B and E.

In C, be based should not be in the subjunctive mood. The subjunctive mood is appropriate when an action is being requested or demanded -- not when it is being ALLOWED. The correct idiom here is allow X to Y. Eliminate C.

The correct answer is D.
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Re: Since 1986, when the Department of Labor began to allow [#permalink] New post 27 Aug 2012, 00:30
In the latter half, non-underlined portion = It speaks of managers (plural ).............. so we need to have THEY

A / B / E : Eliminated : They doesn't refer back to investment officers (in possesive form ) rather illogically to Fees.

Bxn C & D :

C :...................when the Department of Labor began to allow.................THAT........... fees be based on ( does the introduction of THAT makes sense ?) = Eliminated

D :...................when the Department of Labor began to allow..................FEES.............to be based on

Leading to D = my take
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Re: Since 1986, when the Department of Labor began to allow [#permalink] New post 24 Feb 2013, 03:05
Hi guys,

quick question about this question, in the OA (D) they refers to investment officiers but investment officiers appear only in the prepositional phrase "fees of investment officers". Is that correct ?
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Re: Since 1986, when the Department of Labor began to allow [#permalink] New post 02 Oct 2013, 07:52
Hi Darmody,

I am confused about the same and found a discussion in the MGMAT Forum in which Ron from MGMAT explains this.

http://www.manhattangmat.com/forums/sin ... 215ce3f750

Thanks

Levent
Re: Since 1986, when the Department of Labor began to allow   [#permalink] 02 Oct 2013, 07:52
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