Which of the following statements is true?
I. It is NOT always practical to expect 100% inventory accuracy on all items.
II. "C" items should be expected to have a higher inventory accuracy than "A" items.
III. Tolerance is the amount of permissible variation between an inventory record and a physical count.
A) I, II and III
B) I and II only
C) I and III only
D) II and III only
E) I only
C
You might also like to view...
Refrigerators and freezers, water heaters, and toasters are all appliances that have ____________________ elements or cooling compressors.
Fill in the blank(s) with the appropriate word(s).
Agenda is the name of the official written record of a business meeting
Indicate whether the statement is true or false
The commutator should be cleaned with ____.
A. solvent B. crocus cloth C. brushes D. sandpaper
From the data shown, determine the economic serĀvice lives of the defender and challenger. (Note: Values in the table are AW values, not individual year-end values.)