Those who embrace products relatively early in the product life cycle, are likely to be community oriented, and often are opinion leaders themselves are referred to as which of the following?

a. late majority
b. laggards
c. innovators
d. early adopters

Ans: d. early adopters

Business

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The inventory method of specific identification is appropriate for costly, easily distinguishable items such as pianos, automobiles, fur coats, and antiques.

a. true b. false

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Proceeds from life insurance carried by the company on key officers or employees is an example of a temporary difference.

a. true b. false

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