Which of the following techniques of material control analyses items of material based on their criticality to production ?

CS Executive · Corporate and Management Accounting · PYQS · December 2022
Which of the following techniques of material control analyses items of material based on their criticality to production ?
(A) Inventory Issue System
(B) Material Turnover Ratios
(C) ABC Analysis
(D) VED Analysis

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Cost Accounting

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