In ABC Inventory Analysis,items That Account for Eighty Percent of the Revenue

question 20

Multiple Choice

In ABC inventory analysis,items that account for eighty percent of the revenue but account for only few inventory items are classified as

• A)A items.
• B)B items.
• C)C items.
• D)None of the above

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Definitions:

Kickbacks

The return of a portion of the money exchanged in a transaction as a secret payment, often as a bribe, for services rendered or to influence decisions.

Ethics Centre

A resource and meeting place that promotes ethical behavior and decision-making within an organization or community.

Ethical Mindfulness

The practice of being consciously aware of the ethical implications and consequences of our actions in everyday life.

Largely Negative

A term describing predominately negative outcomes, perceptions, or attitudes.