Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is ABC ANALYSIS OF INVENTORIES ?

Answer Posted / dinesh

Always Better Control

ABC classification for control purpose only
You keep your inventory/stock in 3 categories

A = High Value Low Quantity (Strict Control)
B = Middle Value Middle Quantity (Middle Control)
C = Low Value High Quantity (Low Control)

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Pass the journal entry: rent outstanding

1760


{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?

2194


what is profitability ratio and dividend policy ratio

2011


What is short term solvency ratio?

1007


What was the most difficult deal you had to close?

950


Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000

1773


What is the difference between perpetual & periodic inventory system?

998


Recent trends in Corporate Governence?

2203


Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.

858


what is differnce between balance sheet of a bank & a company

1995


What is ppe in accounting?

986


Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

5291


WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?

2026


What is debit and credit note?

1113


What are the four classifications of bad and doubtful debts as per the context of the bank?

1239