Question: Watch the video and answer the question below. The ABC inventory classification system is based on the principle that A , B , and C

Watch the video and answer the question below.
The ABC inventory classification system
is based on the principle that A,B, and C items equally account for the dollar value of inventory.
is based on the principle that only a few items account for the greatest dollar value of inventory.
is based on the principle that the majority of items account for the greatest dollar value of inventory.
assigns goods into categories based on whether they can be sold, need to be sold, or cannot be sold.
Watch the video and answer the question below. The ABC inventory

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