Multiple Choice
In ABC inventory analysis, which of the following is TRUE of class C items?
A) Close control of Class C items (more than of class A or class B items) is required.
B) Class C items are critical items that must be monitored with a fixed-period system as they have low unit costs and a high volume.
C) Class C items make up a lower percentage of total dollar value than either class A or class B items.
D) Class C items make up for 10 to 20 percent of inventory items and 60 to 80 percent of the total dollar usage.
Correct Answer:

Verified
Correct Answer:
Verified
Q57: Kelly opens an aquarium store in
Q58: Table 1<br>Peterson Enterprises uses a fixed
Q59: Opportunity cost of capital is an example
Q60: In a single-period inventory situation, the only
Q61: Table 1<br>Jackson Enterprises uses a fixed
Q63: Table 1<br>Jackson Enterprises uses a fixed
Q64: Which of the following statements is NOT
Q65: When a customer is unwilling to wait
Q66: _ inventory consists of partially completed products
Q67: What are the four categories of inventory