MCQOPTIONS
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| 1. |
Which of the following statements about ABC analysis is false? |
| A. | ABC analysis is based on presumption that controlling the few most important items produces the vast majority of inventory savings |
| B. | In ABC analysis “A” items are tightly controlled , have accurate records ,and receive regular review by major decision makers |
| 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 |
| Answer» E. | |