Interested to Buy Any Domain ? << Click Here >> for more details...
what is ABC analysis please describe briefly.
- 14 Answers
- 60545 Views
- OGDCL, State Bank of Travancore, I also Faced
- E-Mail Answers
Answer Posted / shivam srivastava
In accounting, ABC stands for activity-based costing. In
inventory or stock management, it's a method of stock
control. It's basic assumption is that not all stock is
equally valuable, therefore doesn't need the same kind of
attention.
So you categorise all your stock according to its cost and
quantity - and create a graph with cost shown on Y axis and
quantity shown on X. From left to right, you place your
stock from highest value to lowest. Typically, you see that
a small portion of stock is the most valuable, and therefore
needs maximum attention and resources - that's called 'A'.
The next most valuable section of stock is B, the next is C
and so on.
| Is This Answer Correct ? | 43 Yes | 8 No |
Post New Answer View All Answers
Local 5 % vat are applicable at stock transfer note Example my factory are placed on pithampur indore and our stockiest placed at dewas naka indore
Describe the present status of Indian clothing industry in terms of technologyand production.
List about what is work of logistics supervisor?
where ESI applicable in Industrial area , WC can be taken from general insurance companies, if so will it be valid ?
What do you mean by ethical dilemmas? Describe the frameworks for resolving ethical dilemmas?
We are Storage tank Fabricator having SSI unit.Whether we are liable to pay Service tax or not. If yes then what is the exemption for us?
distinguish between recruitment nad selection
WHAT IS THE PROCEDURES FOR TAKING(APPROVAL) ISO 9001 2008 AND OTHER RELATED STANDARDS? give answer in details step by step.
what is the deferred revenue?
What strategies would you use in developing ongoing corporate relationships?
What is RPS price?
Describe the frameworks for resolving ethical dilemmas?
What is the working of operation Manager?& What is Inventory mamagement?
IN 2000 WORDS, KINDLY DESCRIBE YOUR REACTIONS WHEN FACED WITH THE FOLLOWING TECHNICAL DECISIONS: 1. YOU NEED TO MAKE AN EXECUTIVE DECISION AND YOUR BOSS IS OUT ON A CONFERENCE MEETING WHAT ARE YOUR CHOICES? 2. WHEN FACED WITH AN ADMINISTRATIVE PROBLEM HOW DO YOU RESPOND TO THAT PROBLEM 3. WHAT DO YOU UNDERSTAND BY A VENDOR'S RECONCILIATION STATEMENT.
Differentiate between trips and trims. State the items prohibited in trims.
