Each General Statement Is Followed by Several Examples

question 11

Multiple Choice

Each general statement is followed by several examples. Select the letter of the example that does not clearly illustrate the generalization.
-Aquariums are adding new interactive exhibits to help visitors enter underwater worlds.

• A) Visitors to the National Aquarium in Baltimore can see a life-sized model of a humpback whale.
• B) At California's Monterey Bay Aquarium, kids can put on modified scuba gear and jump into the Great Tide Pool for a closer look at creatures like sea cucumbers and sea stars.
• C) At Tampa's Florida Aquarium, children ages six and up can swim with angelfish, grouper, and moray eels.
• D) The Florida Aquarium allows certified divers over age fifteen to get into a tank with zebra, nurse, and black-trip reef sharks.

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained rather than distributed to shareholders or used to pay dividends, often reinvested into the business.

GAAP

Generally Accepted Accounting Principles represent the customary set of rules for financial accounting that are utilized in a particular jurisdiction.

Principles-based Approach

A method of regulation that emphasizes the spirit of the laws and principles behind them, rather than rigid adherence to specific rules.