Using the ABC Classification System for Inventory, Which of the Following

Multiple Choice

Using the ABC classification system for inventory, which of the following is a true statement?

A) The C items are of moderate dollar volume.
B) You should allocate about 50 percent of the dollar volume to B items.
C) The A items are of low dollar volume.
D) The A items are of high dollar volume.
E) Inexpensive and low usage items are classified as C no matter how critical.