Practice Quiz

Dietary Manager Exam Prep

Category - Foodservice

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The ABC inventory system:
  1. Measures the relative value of each item in an inventory
  2. Identifies which inventory items account for most of the inventory value
  3. Identifies which inventory items contribute the least to the inventory value
  4. All of the above
Explanation
Answer: D - The ABC inventory system is a method for assigning value to inventory items. It measures the relative value of each inventory item, and also estimates the value contributed by inventory items to the value of the total inventory.
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