While Alec's Grandfather Still Prefers Using a Land Line, He

question 118

Multiple Choice

While Alec's grandfather still prefers using a land line, he just bought his first cell phone. Alec's grandfather is most likely oriented toward the past and is a member of the ____ group.

• A) non-adopters
• B) laggards
• C) innovators
• D) late adopters
• E) late majority

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Definitions:

Straight-Line Method

An accounting method of depreciation where a fixed amount is charged annually over the useful life of the asset.

Net Liability

Net liability refers to the total liabilities of an entity minus its assets, indicating a financial position where obligations exceed resources.