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Pass GR4 Exam Cram

Exam Code: GR4

Exam Name: Base Pay Administration and Pay for Performance

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
ERISA fiduciaries must adhere to the following prudent procedures:
- establish a ________ investment policy for the plan
- diversify plan assets
- make investment decisions with the skill and care of a prudent expert
- monitor investment performance
- control investment expenses
- avoid prohibited transactions
A. none of these answers
B. written
C. supervisory
D. diversified
Answer: B
Explanation:
Explanation/Reference:
Explanation:
These procedures are stipulated under the detailing of ERISA fiduciary duties, to ensure that the fiduciary complies with the duty to act with prudence.

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