Ron Can Be Described as Being Highly Skeptical About New

question 6

Multiple Choice

Ron can be described as being highly skeptical about new ideas and products.He has not yet bought a satellite dish for his home because he is still unsure that it really works.Ron is also very worried about the expense of purchasing the satellite dish.According to this description,Ron is most likely a(n)

• A) member of the early majority.
• B) innovator
• C) laggard.
• D) early adopter.

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Definitions:

Ending Inventory

The total value of all goods available for sale at the end of an accounting period, calculated to evaluate stock levels and assess cost of goods sold.

Consignor

The party in a consignment agreement that provides goods to another party (consignee) to sell on their behalf, retaining ownership until the goods are sold.

Consignee

The individual or entity to whom goods are shipped and who is responsible for receiving the shipment and completing any customs paperwork.

Ending Inventory

The value of goods that remain unsold at the end of an accounting period.