Which of the Following Customer Groups Represents the Leading Wave

question 25

Multiple Choice

Which of the following customer groups represents the leading wave or edge of the mass market?

• A) Early adopters
• B) Early majority
• C) Innovators
• D) Late majority
• E) Laggards

---

Definitions:

Amortization of Bond

The gradual reduction of the book value of a bond payable account through regular payments over the life of the bond.

Gain on Sale

The profit realized from the sale of assets when the selling price exceeds the book value.

Noncurrent Assets

Assets not expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer; includes property, plant, and equipment.

Amortization of Discount

The gradual reduction of a bond discount over the life of the bond, effectively increasing the bond's book value to its face value at maturity.