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Each of the following groups of things or persons has been divided according to a single basis of classification. However, one item in each group does not belong ⎯ it does not fit that single basis of classification. Read each group of items carefully; then select the letter of the one item that does not belong. Next, identify the single basis of classification that includes the rest of the group.
Part A: Food
a. dessert
b. side dish
c. vegetarian
d. main course
Part B: Basis of classification:
a. amount of calories
b. preparation time
c. meal part
Applicable Laws
The set of relevant laws and regulations that apply within the jurisdiction of a business operation or transaction.
Sarbanes-Oxley Act
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.
Sole Proprietorships
A rephrasing of proprietorship; a business structure where a single individual owns and runs the business, bearing all profits and responsibilities.
Internal Controls
The policies and procedures used to safeguard assets, ensure accurate business information, and ensure compliance with laws and regulations.
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