In the ABC method of inventory,C refers to:
A)items that account for a moderate dollar usage volume.
B)items that account for low dollar usage volume
C)items that account for a high dollar usage volume.
D)None of the above

Question

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In the ABC method of inventory classification, "C" items are those that account for a low dollar usage volume. This method categorizes inventory based on its importance, with "A" items being the most valuable, "B" items being of moderate value, and "C" items being the least valuable in terms of financial impact on the company.

In the ABC Method of Inventory,C Refers To