Which of the Following Statements Is Best

Multiple Choice

Which of the following statements is best?
I. It is not always practical to expect 100% inventory accuracy on all items.
II. "C" items should be expected to have a higher inventory accuracy than "A" items.
III. Tolerance is the amount of permissible variation between an inventory record and a physical count.

A) all the above
B) I and II only
C) I and III only
D) II and III only
E) I only.