Table 9.1 Inventory Records Show the Following

question 134

Multiple Choice

Table 9.1
Inventory records show the following:

-What is generally True about class C SKUs in ABC analysis? They represent about:

• A) 20 percent of all SKUs.
• B) 30 percent of all SKUs.
• C) 5 percent of the dollar usage.
• D) 50 percent of the dollar usage.

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Definitions:

RRSP

A Registered Retirement Savings Plan, a tax-deferred retirement savings account available in Canada.

Annuity

A financial instrument designed to offer a steady flow of income to someone, mainly used for retirement purposes.

Quarterly

Pertaining to something that occurs every three months or four times a year.

Life Annuity

An insurance product that guarantees regular payments to the annuitant for life, in exchange for an initial investment.