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Answer Posted / h.r. sreepada bhagi
As mentioned in some of the answers above ABC Analysis
refers to classification of inventory on the basis of volume
and value for better control and management.
In costing ABC also refers to Activity Based Costing as
mentioned in some answers above. But answer to this question
is inventory classification and not Activity Based Costing.
| Is This Answer Correct ? | 7 Yes | 1 No |
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