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NEW QUESTION: 1
What is the fiduciary role of the human resources professional regarding ERISA?
A. Working with organization to locate the funds for pension accounts
B. Handling and managing pension funds
C. Setting up pension accounts for employees
D. Creating the rules that govern individual retirement account for employees
E. Ensuring that the HIPAA guidelines of ERISA are observed
Explanation: The fiduciary role of the human resources professional regarding ERISA is primarily one of handling and managing the pension funds that the organization provides for retirement accounts. Answer choice A is incorrect because the fiduciary role does not include setting up pension accounts for employees. (This might be another part of the human resources professional's job, but this is not the immediate fiduciary role with respect to ERISA.) Answer choice C is incorrect because the fiduciary role has nothing to do with ensuring that HIPAA guidelines are observed. Answer choice D is incorrect because human resources professional is not responsible for creating retirement account rules. And answer choice E is incorrect because the fiduciary role of the human resources professional is not necessarily one of locating the funding but rather of managing it.
NEW QUESTION: 2
Assume it was your suggestion to the executive team as the newly appointed Chief Financial Officer for your organization to implement portfolio management. While someone has been identified to be the portfolio manager, you are developing the charter and the structure. In doing so, guidance is provided by the:
A. Portfolio strategic plan
B. Plans, policies, and documentation of stakeholder expectations
C. Organization's strategic plan
D. Portfolio roadmap