is a value based system of inventory control, in which materials are analysed according to their value so that costly and more valuable materials are given greater attention.

CS Executive · Cost and Management Accounting · PYQS · June 2018
is a value based system of inventory control, in which materials are analysed according to their value so that costly and more valuable materials are given greater attention.
(A) MAX-MIN plan
(B) Review of slow and non moving items
(C) ABC Analysis
(D) Order cycling system

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost and Management Accounting

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