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What is the primary use of the ABC Type for ABC Analysis on an item?

What is the primary use of the ABC Type for ABC Analysis on an item?

PrepAway - Latest Free Exam Questions & Answers

A.
The ABC Type determines count frequency and break points for classification to be used when
performing cycle counts.

B.
ABC Analysis in Inventory lets one quickly identify which inventory items represent their
company’s greatest investment in terms of turnover rate.

C.
ABC Analysis in Inventory lets one quickly identify which inventory items represent their
company’s greatest investment in terms of monetary value.

D.
ABC Analysis in Inventory lets one quickly identify which inventory items represent their
company’s greatest investment in terms of monetary value and turnover rate.


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