Of the Following Statements

question 15

Multiple Choice

Of the following statements:
I. 'A' items usually account for about 70%−80% of the total usage value.
II. About 50% of the items usually account for 50% of the value.
III. 'C' items should be given the top priority in inventory management.

• A) I and II are true
• B) II and III are true
• C) I and III are true
• D) only III is true
• E) only I is true

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Definitions:

Significance and Usefulness

The quality or state of being important or useful in relation to a specific context or objective.

Self-Determination

An individual's ability to make choices and manage their own life, often emphasized in care models that promote patient autonomy.

Risk of Harm

The potential for injuries, damages, or adverse outcomes associated with certain actions, conditions, or substances.

Quantitative Research

Research that relies on numerical data and statistical methods to understand patterns, relationships, or trends.