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V05-35

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V05-35  [#permalink]

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New post 16 Sep 2014, 02:26
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A
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D
E

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  45% (medium)

Question Stats:

57% (00:53) correct 43% (00:53) wrong based on 68 sessions

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The board of directors of the city art museum has begun discussing ways to deal with a large and unexpected budget shortfall. Several prominent members of the board suggest suspending free admission days, which occur every Tuesday, with the additional revenue to go directly into day-to-day operating costs.

The answer to which of the following questions is LEAST directly relevant to the board members’ consideration of whether suspending free admission days will correct the shortfall in the museum budget?


A. How many people are expected to pay for admission on days that were previously free?
B. Do most members of the board agree that this is the best solution?
C. What percentage of the budget shortfall are day-to-day operating costs?
D. Did the free admission days have any impact on creating the budget problems?
E. Will the money generated from the plan be sufficient to cover day-to-day operating costs?

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Re V05-35  [#permalink]

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New post 16 Sep 2014, 02:26
Official Solution:


The board of directors of the city art museum has begun discussing ways to deal with a large and unexpected budget shortfall. Several prominent members of the board suggest suspending free admission days, which occur every Tuesday, with the additional revenue to go directly into day-to-day operating costs.

The answer to which of the following questions is LEAST directly relevant to the board members’ consideration of whether suspending free admission days will correct the shortfall in the museum budget?


A. How many people are expected to pay for admission on days that were previously free?
B. Do most members of the board agree that this is the best solution?
C. What percentage of the budget shortfall are day-to-day operating costs?
D. Did the free admission days have any impact on creating the budget problems?
E. Will the money generated from the plan be sufficient to cover day-to-day operating costs?


Situation: Members of the board of directors of a museum propose suspending free admission days to correct a budget shortfall.

Reasoning: The answer to which question is irrelevant in determining the success of the plan? To answer this question, consider what information can be gained by answering each individual question, then determine whether that information is relevant. The plan is to eliminate free entrance and to use money gained from charging admission to pay for daily operating costs. Any information that will suggest the success or failure of the plan is relevant, and that answer choice can be eliminated.
  1. The answer to this question will provide information about how much money will be raised by suspending free admission days. It is relevant.
  2. The answer to this question will not provide any directly relevant information about whether the plan will be successful. If the plan is not sound, it will fail even if most members do agree to implement it.
  3. The answer to this question will tell how much of the budget shortfall can be corrected by using additional revenue to cover operating costs. It is relevant.
  4. The answer to this question will allow board members to determine whether the free admission days were part of the budget problem. It is relevant.
  5. Though covering daily operating costs may not completely correct the budget shortfall, knowledge of how much positive impact this aspect can have on the overall plan is relevant.

Answer: B
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Re: V05-35  [#permalink]

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New post 22 Aug 2016, 05:50
If we consider the answer to choice E, It can be "yes" or "no". Now, if it's yes we know that policy is good but even if it is no then also it can be helpful. The costs need not be sufficient to help the museum. So, I feel even answer to choice E is irrelevant.
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V05-35  [#permalink]

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New post 22 Aug 2016, 11:05
Navinder wrote:
If we consider the answer to choice E, It can be "yes" or "no". Now, if it's yes we know that policy is good but even if it is no then also it can be helpful. The costs need not be sufficient to help the museum. So, I feel even answer to choice E is irrelevant.


If the money is not sufficient then it will not "correct the shortfall" (though it will improve to an extent). So E is relevant - B has much less relevance to the argument. Since the question asks which is the least relevant option, B is the correct answer.
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Re: V05-35  [#permalink]

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New post 04 Dec 2017, 17:20
I am not convinced. I chose D vs B.

D says "The answer to this question will allow board members to determine whether the free admission days were part of the budget problem. It is relevant".

Lets say X, Y and Z are reasons for the budget shortfall. It is not necessary that only X, Y and Z can correct the problem. Maybe another option P can help the correct the problem even though P may not have caused it.

The free admission case may not necessarily have been the cause of budget shortfall. Maybe some other higher priority project sucked most of the budget, and hence the Board decided to suspend the free service in order to make up some part of the budget. So how is D relevant??

On the other hand, the question says "least relevant to board members’ consideration of whether suspending free admission days will correct the shortfall in the museum budget".
Well... the board will consider this proposal only when majority of the members agree that this is the best solution. If majority believe this is NOT the best solution and hence disagree, then this proposal will NOT be considered. So option B IS RELEVANT to the board's consideration.
Re: V05-35 &nbs [#permalink] 04 Dec 2017, 17:20
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