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      Question

      In ABC analysis, A, B and C stand for:

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      A a Correct Answer Incorrect Answer
      B b Correct Answer Incorrect Answer
      C c Correct Answer Incorrect Answer
      D d Correct Answer Incorrect Answer

      Solution

      In ABC analysis, A, B, and C stand for: A - High value items that account for a large percentage of the total value of inventory. B - Medium value items that account for a moderate percentage of the total value of inventory. C - Low value items that account for a small percentage of the total value of inventory.

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