In the A-B-C classification system, items which account for about 60 percent of the annual dollar value, but only about 10 to 15 percent of the items in inventory, would be classified as
A)A items.
B)B items.
C)C items.
D)A items plus B items.
E)B items plus C items.

Question

Quizplus · Accepted Answer

A items in the A-B-C classification system are those that account for a large percentage of the annual consumption value of the firm's inventory but are a small percentage in terms of the number of items. This matches the description given.

In the A-B-C Classification System, Items Which Account for About