Fred's faith in Asics, his favorite brand of running shoes, makes him consider other offerings introduced by Asics. Fred is not a risk-taker, and he tends to evaluate each new product carefully before adopting it

Fred is an opinion leader in his social networking community and best described as a(n) ________.
A) lagging adopter
B) innovator
C) early adopter
D) early mainstream adopter
E) late mainstream adopter

C

Business

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As production levels increase,

A) fixed costs per unit increase. B) fixed costs per unit decrease and variable costs per unit stay the same. C) fixed costs per unit stay the same and variable costs per unit increase. D) variable costs per unit decrease.

Business

More contingencies are reported on the balance sheet under U.S. GAAP than under IFRS because of different definitions of "probable."

Indicate whether the statement is true or false.

Business