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Author Question: Which of the following statements about ABC analysis is false? (Read 54 times)

jon_i

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Which of the following statements about ABC analysis is false?
◦ ABC analysis is based on the presumption that controlling the few most important items produces the vast majority of inventory savings.
◦ In ABC analysis, "A" Items are tightly controlled, have accurate records, and receive regular review by major decision makers.
◦ In ABC analysis, "B" items are not as tightly controlled as "A" items.
◦ In ABC analysis, "C" Items have minimal records, periodic review, and simple controls.
◦ ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings.


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Marked as best answer by jon_i on Dec 3, 2019

Mochi

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jon_i

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Reply 2 on: Dec 3, 2019
Excellent


bassamabas

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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