"A" products in the ABC inventory method are those products:
A)whose order cost and holding cost are equal.
B)kept on hand as backup supply to ensure against sudden increase in usage.
C)whose dollar value accounts for 5%-10% of the inventory value.
D)that the managers should monitor and control very closely.

Question

Quizplus · Accepted Answer

"A" products in the ABC inventory method are considered the most valuable items, often accounting for a significant portion of the inventory value with a relatively small percentage of the total items. These items require close monitoring and control due to their substantial impact on inventory costs and management.

"A" Products in the ABC Inventory Method Are Those Products