Question: Which statement about the ABC inventory system is true? Group C consists of high - monetary - value items, which account for a small portion

Which statement about the ABC inventory system is true?
Group C consists of high-monetary-value items, which account for a small portion of the total inventory usage.
Group B must be reviewed as often as group A items to allow inventory to be managed efficiently.
The stocking levels and activity of group A items are reviewed on a regular basis.
Group A consists of low-monetary-value items, which usually account for 70% of sales or usage.

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