Each of the Following Groups of Things or Persons Has

question 6

Short Answer

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

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Definitions:

Future Dollars

Money that is adjusted for anticipated inflation or deflation, representing its expected future value rather than its current value.

Fixed Costs

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance premiums.

Marginal Costs

The financial outlay required to produce an additional unit of a product or service.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.