Which of the following statements about ABC analysis is FALSE?
A) ABC analysis is based on the presumption that controlling the few most important items produces the vast majority of inventory savings.
B) In ABC analysis, "A" items should have tighter physical inventory control than "B" or "C" items have.
C) In ABC analysis, forecasting methods for "C" items may be less sophisticated than for "A" items.
D) ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings.
E) Criteria other than annual dollar volume, such as high holding cost or delivery problems, can determine item classification in ABC analysis.
D
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Investments in securities are classified as which of the following?
a. Held-to-maturity. b. Trading securities. c. Available-for-sale securities. d. All of the above.
Which of the following companies would be most vulnerable to reduced profits as a result of
increased consumer bargaining power? A) an LCD TV maker B) a sports shoes seller C) a refined sugar manufacturer D) a provider of spares for trucks
In a horizontal fashion trend, a fashion is passed from the upper through lower classes through distinctive, emulation, and economic emulation stages
Indicate whether the statement is true or false
Which statement refers to true evaluation research?
A. Supports positions already held B. Demonstrates new professional skills C. Uses systematic and controlled methods D. Undertaken to impress clients or management E. Gathers supportive data to justify what was done