ABC Analysis Classifies Inventoried Items into Three Groups, Usually Based

question 183

True/False

ABC analysis classifies inventoried items into three groups, usually based on annual units or quantities used.

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Definitions:

Takeover Bid

An offer made by an individual, group, or company to purchase a significant portion or all of the target company's shares in order to gain control of the target company.

Hostile Takeover

An acquisition attempt by a company or individual that is opposed by the target company's management and board of directors.

Flip-Over Provision

A defensive mechanism in a company's charter intended to deter hostile takeovers by allowing shareholders to purchase additional shares at a discount in the event of a takeover.