Answer: Focused cost leadership
Explanation:
Focused cost leadership could be described as targeting your market to a category of people only and not necessarily everyone. Some businesses do have a target market in mind when carrying out their production or sales. Their product isn't for everyone but this particular persons. They could design it from a normal general product but they will make it look perculiar and specific for this targeted market.
Based on his activities so far, Kim-Lee according to Wright's model of the U.S. class structure, belongs to the<u> Capitalist class. </u>
<h3>What is Wright's model of the U.S. class structure?</h3>
Erik Wright identified four social classes in the United States which are the Capitalists, the Petty Bourgeoise, the Managers, and the Workers.
Kim-Lee is a capitalist because these are the people who own companies and are very wealthy.
Find out more on the U.S. class structure at brainly.com/question/15217100.
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A system of maintaining standards in manufactured products by testing a sample of the output against the specification.
Answer:
$5,000
Explanation:
Under the accrual accounting method, revenue is recognized and recorded in the books once the recognition criteria is met i.e once the goods or service has been delivered.
Under this system as well expenses are recorded once incurred.
As such, the time of cash payment does not affect the recognition of revenue. When revenue is earned and cash is yet to be paid, the entries required are debit accounts receivable and credit revenue.
On payment of cash, the entries are posted between cash and accounts receivables.
Answer:
Developing an action plan that identifies ways to achieve your financial goals.
