Which of the Following Is Not Identified as One of the Five

question 33

Multiple Choice

Which of the following is not identified as one of the five characteristics of innovations that affect the rate of adoption?

• A)Observability
• B)Tangibility
• C)Relative advantage
• D)Trialability
• E)Compatibility

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Definitions:

Partnerships

A business organization legally constituted by multiple individuals who jointly manage the enterprise and share in its profits.

Corporations

Legal entities that are separate from their owners, capable of owning assets, incurring liabilities, and being taxed; they raise capital through issuing stock.

Standard-Setting Environment

The framework and processes through which authoritative accounting principles and standards are developed and implemented.

Investors

Investors are individuals or entities that allocate capital with the expectation of receiving financial returns, commonly through the buying of stocks, bonds, or other investment instruments.