General Studies · Inventory Management
Which of the following statements is INCORRECT regarding the ABC analysis of inventory control?
- 1A-items represent the least valuable items in terms of consumption value.✓
- 2C-items are the most numerous but have the lowest total consumption value.
- 3ABC analysis classifies inventory data based on annual consumption value.
- 4B-items are intermediate items with a medium consumption value.
Correct answer
A-items represent the least valuable items in terms of consumption value.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for General Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Inventory Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in General Studies · Inventory Management