With respect to ABC classification, which of these statements is true?

Question

Select one:

a. Class A items are low value items

b. Class A items are high value items

c. Class C items are moderate value items

d. Class B items are high value items

Wasi Rahman Sheikh · Answer

Good answer and thanks for answer

Mir Mujtaba Ali · Answer

b. Class A items are high value items

ABC classification of inventory is based on pareto principle. High value items and ensure tight control in terms of process control, physical security as well as audit frequency.

Mohammed Fathe Shaheem · Answer

Answer is b 
As in my view abc classification in inventory 
Depends on cumulative total 
And number of items 
And in classification A 
It gives high value

Santosh Ramkumar · Answer

Answer is b.Class A items are high value items

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With respect to ABC classification, which of these statements is true?

Select one:

a. Class A items are low value items

b. Class A items are high value items

c. Class C items are moderate value items

d. Class B items are high value items

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