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# Since 1986 when the Department of Labor began to allow

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Director
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Since 1986 when the Department of Labor began to allow [#permalink]

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05 Jun 2006, 09:38
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Since 1986 when the Department of Labor began to allow investment officersâ€™ 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 officersâ€™ fees to be based on how the funds they manage perform, several corporations began
(B) investment officersâ€™ 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 officersâ€™ fees be based on the performance of the funds they manage, several corporations began

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Senior Manager
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05 Jun 2006, 09:43
between B and D i am in inclining towards D.

performance of the funds they manage is correct and I think "have begun" should be used as this happened after the Dept of Labor's action.
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05 Jun 2006, 22:00
Will go with B. Began is better than have begun. If I remember right have is not used with since
Manager
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05 Jun 2006, 22:14
To me .. D looks a better choice ... coz we are talking about a thing in the past which is continuing in the present too...
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05 Jun 2006, 22:21
(A) investment officersâ€™ fees to be based on how the funds they manage perform, several corporations began

(B) investment officersâ€™ fees to be based on the performance of the funds they manage, several corporations began

(C) 'that' is unescessary

(D) suggests fees manager the funds

(E) 'that' is unescessary

Between A and B, go with B. (A) is a lengthy version of (B).
Manager
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05 Jun 2006, 22:38

I have a doubt can a pronoun refer to possesive noun.

In A,B,E 'they' refers to investment officer's fees and not to investment officer.

A,B,E fall in one group and C and D in other.

C is eliminated because that is not required.
Director
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06 Jun 2006, 13:46
^ D ^

We need present perfect here as we have "since". (We are talking about the time from 1986 up to now)

So we are left with C and D.

>> we have such a usage as "allow X to do sth". So, D is the answer.

Since 1986 when the Department of Labor began to allow fees of investment officers to be based on the performance of the funds they manage, several corporations have begun paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
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Re: SC - Department of Labor [#permalink]

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06 Jun 2006, 20:35
b14kumar wrote:
Since 1986 when the Department of Labor began to allow investment officersâ€™ 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.
(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

with since, it needs "have...........".
Between C and D, D is better...
VP
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23 Jun 2006, 20:10
what threw me off in this question is who are "THEY"? Dep of Labor, investment officers (couldn't be, due to possessive) or the fees???

I chose B but OA is D... selene, nice point about "since"!!! I totally didn't see it, otherwise would have chosen the correct one
Director
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24 Jun 2006, 06:01
D.

Since 1986 when the Department of Labor began to allow fees of investment officers to be based on the performance of the funds they manage, several corporations have begun paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
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Uh uh. I know what you're thinking. "Is the answer A, B, C, D or E?" Well to tell you the truth in all this excitement I kinda lost track myself. But you've gotta ask yourself one question: "Do I feel lucky?" Well, do ya, punk?

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24 Jun 2006, 06:23
I chose B beacuse D has "...have begun" which looked incorrect to me.
24 Jun 2006, 06:23
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