ABC Analysis Categorizes Purchases or Inventory into Different Groups, Normally

question 19

True/False

ABC analysis categorizes purchases or inventory into different groups, normally based on the value or impact on the profitability of the organization.

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Definitions:

Honey Pot

A computer system that’s set up to attract unauthorized users by appearing to be a key part of a network or a system that contains something of great value.

Frame

Groups of data packets that are sent together in a package.

Access Method

A method to control which computer is allowed to use transmission media at a certain time.

Ring Networks

A network topology where each node is connected to exactly two other nodes, forming a single continuous pathway for signals through each node - a ring.