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ABC analysis fully

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Student CA asked over 1 year ago

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10153151 616441875107752 6844265409377433766 n CAKART answered over 1 year ago

The ABC analysis (or Selective Inventory Control) is an inventory categorization technique. ABC analysis divides an inventory into three categories- "A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C items" with the simplest controls possible and minimal records.

The ABC analysis provides a mechanism for identifying items that will have a significant impact on overall inventory cost, while also providing a mechanism for identifying different categories of stock that will require different management and controls.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Tutor CA answered over 1 year ago

it is very important term in costing
I can explain you here . but I will suggest you that it is better if you download the short notes
from
www.rajawate.in
download section
best summary notes of costing
best of luck
pl rating 5

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