The main result of this paper is as follows: For any commutative regul
ar (actually even K,-regular) ring R and any finitely generated interm
ediate monoid Z(+)(r):. subset of M subset of Q(+)(r): (for some natur
al r) the following conditions are equivalent: (a) M approximate to Z(
+)(r), (b) R[M] is K-1-regular, (c) M is seminormal and SK1(R)=SK1(R[M
]) (i.e. the natural homomorphism SK1(R) --> SK1(R[M]) is an isomorphi
sm), and, if in addition Omega(R), not equal 0, (d) SK1(R)= SK1(R[M]),
where Omega(R), is a module of absolute differentials. The implicatio
ns (a) double right arrow (b) double right arrow (c) are well known. I
n Sections 8-10 we present examples, further generalizations and appli
cations.