Which of the Following Statements Is TRUE

Which of the following statements is TRUE?

A) Inventory is any physical asset held for future use or sale.
B) When using ABC analysis, C items require close control by operations managers as they account for a large dollar value but a relatively small percentage of total items.
C) Dependent demand is directly related to the demand of other stock-keeping units (SKUs) and can be calculated without needing to be forecasted.
D) Stockouts occur in a fixed-quantity system (FQS) whenever the lead-time demand exceeds the replenishment level (M) .