Which of the following statements of ABC analysis is false?
|Q.||Which of the following statements about ABC analysis is false?|
|C.||In ABC analysis “c” items minimal records , periodic review , and single control|
|D.||ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings|
What is true ABC analysis?
What is ABC analysis based on quizlet?
What principle is the ABC analysis based upon?
What is ABC analysis example?
One can take the example of a Furniture Store. Step 1: Multiply the total number of items by the cost of each unit to find the annual usage value. Step 2: After noting all the products of the inventory, it’s time to list them in the descending order based on annual consumption value.