Multiple Choice
Which of the following statements about ABC analysis is false?
A) ABC analysis is based on the presumption that all inventory items must be tightly controlled.
B) ABC analysis is based on the well-known Pareto principle.
C) In ABC analysis, C category items have minimal monitoring and wider latitude in record keeping accuracy.
D) All of the above statements are true.
Correct Answer:
Verified
Correct Answer:
Verified
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