ABC Analysis Divides On-Hand Inventory into Three Classes, Generally Based

question 156

Multiple Choice

ABC analysis divides on-hand inventory into three classes, generally based upon which of the following?

• A) item quality
• B) unit price
• C) the number of units on hand
• D) annual demand
• E) annual dollar volume

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Definitions:

Keys

Objects that are used to operate locks, typically to secure doors, gates, or other secured entities.

Unconscionability

A legal doctrine that describes terms that are so unjust or overwhelmingly one-sided in favor of the party with more power.

Immigrant

A person who comes to live permanently in a foreign country.

Legal Remedy

The means by which a court enforces a right, imposes a penalty, or makes another court order to impose its will.