It is currently 20 Oct 2017, 17:07

Close

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
Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The public is sufficiently served when the Securities Regulation Depar

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Math Forum Moderator
User avatar
D
Status: Greatness begins beyond your comfort zone
Joined: 08 Dec 2013
Posts: 1527

Kudos [?]: 952 [0], given: 72

Location: India
Concentration: General Management, Strategy
GPA: 3.2
WE: Information Technology (Consulting)
GMAT ToolKit User Reviews Badge CAT Tests
The public is sufficiently served when the Securities Regulation Depar [#permalink]

Show Tags

New post 04 Oct 2017, 03:10
00:00
A
B
C
D
E

Difficulty:

  45% (medium)

Question Stats:

71% (01:25) correct 29% (01:46) wrong based on 44 sessions

HideShow timer Statistics

The public is sufficiently served when the Securities Regulation Department recruits specialists from our nation's financial establishment, academia and elsewhere with a thorough understanding of sophisticated financial products, transactions, and practices. These specialists make investigations smarter and quicker, increase the volume of relevant investigations, and enable society to better allocate its resources.

The argument above presupposes the truth of which of the following in substantiating its conclusion?

A. The fulfillment of a regulatory body's obligations to society is influenced by the number of the transactions.

B. Knowledge of an area or field by a regulatory body's specialists is in some way connected to the fulfillment of that body's obligations.

C. To be considered effective, a regulatory body should not allow any violations.

D. Some security law is challenging to enforce.

E. Other regulatory bodies that have been able to deploy specialists with greater knowledge of the aspects being regulated are better able to enforce those regulations.
[Reveal] Spoiler: OA

_________________

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. - Henry Ford
The Moment You Think About Giving Up, Think Of The Reason Why You Held On So Long
+1 Kudos if you find this post helpful

Kudos [?]: 952 [0], given: 72

Manager
Manager
User avatar
B
Joined: 18 Nov 2009
Posts: 63

Kudos [?]: 9 [0], given: 15

Re: The public is sufficiently served when the Securities Regulation Depar [#permalink]

Show Tags

New post 04 Oct 2017, 03:20
B?
Assuming that the conclusion here is that " The public is sufficiently served. .."

Kudos [?]: 9 [0], given: 15

Manager
Manager
User avatar
S
Joined: 09 Mar 2017
Posts: 64

Kudos [?]: 34 [0], given: 161

Location: India
Concentration: Marketing, Organizational Behavior
WE: Information Technology (Computer Software)
The public is sufficiently served when the Securities Regulation Depar [#permalink]

Show Tags

New post 04 Oct 2017, 04:37
Skywalker18 wrote:
The public is sufficiently served when the Securities Regulation Department recruits specialists from our nation's financial establishment, academia and elsewhere with a thorough understanding of sophisticated financial products, transactions, and practices. These specialists make investigations smarter and quicker, increase the volume of relevant investigations, and enable society to better allocate its resources.

The argument above presupposes the truth of which of the following in substantiating its conclusion?

A. The fulfillment of a regulatory body's obligations to society is influenced by the number of the transactions.

B. Knowledge of an area or field by a regulatory body's specialists is in some way connected to the fulfillment of that body's obligations.

C. To be considered effective, a regulatory body should not allow any violations.

D. Some security law is challenging to enforce.

E. Other regulatory bodies that have been able to deploy specialists with greater knowledge of the aspects being regulated are better able to enforce those regulations.


This is an assumption question - Must bolster the conclusion

A. The fulfillment of a regulatory body's obligations to society is influenced by the number of the transactions. - transactions of what? meaning of this doesnt make sense

B. Knowledge of an area or field by a regulatory body's specialists is in some way connected to the fulfillment of that body's obligations. - if you negate this, the conclusion falls apart. Had there been no connection of the knowledge of an area or field by a regulatory body's specialists with the fulfillment of that body's obligations, why would the regulatory body be advised to recruit such specialists ?

C. To be considered effective, a regulatory body should not allow any violations. - The effectiveness of this regulatory body is not questioned to have allowed violations. The entire premise talks about serving in a better way,implying it already is serving rightly and recruiting specialists would only improve their service.

D. Some security law is challenging to enforce. - This doesn't mean that currently, the regulatory body is unable to enforce challenging laws and would therefore need to recruit specialists. - Invalid

E. Other regulatory bodies that have been able to deploy specialists with greater knowledge of the aspects being regulated are better able to enforce those regulations. - this actually strengthens the conclusion by providing example to directly extrapolate the reasoning to the current conclusion. However, this is not the assumption.
_________________

------------------------------
"Trust the timing of your life"

Kudos [?]: 34 [0], given: 161

Manager
Manager
User avatar
B
Status: Enjoying the Journey
Affiliations: ND
Joined: 26 Sep 2017
Posts: 61

Kudos [?]: 12 [0], given: 208

Schools: Rotman '21
WE: Marketing (Consulting)
Re: The public is sufficiently served when the Securities Regulation Depar [#permalink]

Show Tags

New post 04 Oct 2017, 06:08
Skywalker18 wrote:
The public is sufficiently served when the Securities Regulation Department recruits specialists from our nation's financial establishment, academia and elsewhere with a thorough understanding of sophisticated financial products, transactions, and practices. These specialists make investigations smarter and quicker, increase the volume of relevant investigations, and enable society to better allocate its resources.

The argument above presupposes the truth of which of the following in substantiating its conclusion?

A. The fulfillment of a regulatory body's obligations to society is influenced by the number of the transactions.

B. Knowledge of an area or field by a regulatory body's specialists is in some way connected to the fulfillment of that body's obligations.

C. To be considered effective, a regulatory body should not allow any violations.

D. Some security law is challenging to enforce.

E. Other regulatory bodies that have been able to deploy specialists with greater knowledge of the aspects being regulated are better able to enforce those regulations.



I chose B

This is an assumption question, then what the argument relies on is a fact that if true will make the argument true...this is fulfilled by "B"; if the person is knowledgeable about his area s/he will be able to meet his/her obligations

I was confused about E, but finally dismissed it because it is mainly focusing on "enforcing regulations" rather than the "person's obligations"
_________________

"Giving kudos" is a decent way to say "Thanks" and motivate contributors. Please use them, it won't cost you anything

High achievement always takes place in the framework of high expectation Charles Kettering
If we chase perfection we can catch excellence Vince Lombardi

GMAT Club Live: 5 Principles for Fast Mathles for Fast Math: https://gmatclub.com/forum/gmat-club-live-5-principles-for-fast-math-251028.html#p1940045
YouTube sessions by GMATNinja: https://gmatclub.com/forum/verbal-live-with-gmat-ninja-sc-pronouns-that-parallelism-250568.html#p1936104
The Best SC strategies - Amazing 4 videos by Veritas: https://gmatclub.com/forum/the-best-sc-strategies-amazing-4-videos-by-veritas-250377.html#p1934575

Kudos [?]: 12 [0], given: 208

Re: The public is sufficiently served when the Securities Regulation Depar   [#permalink] 04 Oct 2017, 06:08
Display posts from previous: Sort by

The public is sufficiently served when the Securities Regulation Depar

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.