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@ ezto.mheducation.com M Questio... Final Exam- Fall 2024 Saved Help 4 5 Which of the following statements regarding the A-B-C classification is TRUE? Multiple Choice O In the A-B-C classification of inventory, C items typically range from 50 to 60 percent of the number of items, but only 5 to 10 percent of the annual dollar value (ADV). O In the A-B-C approach to classify inventory, items that have high unit costs are always classified as "A" category items. O The A-B-C approach involves classifying inventory items based on their unit cost. Q In the A-B-C classification of inventory, items classified under the "A" category typically have high unit costs, but low levels for annual dollar value (ADV). Next > %