BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing Cost and Management Accounting Activity-Based Costing (ABC)
Which of the following statement is incorrect about the ABC analysis?
1
B-items are the interclass items, with a medium consumption value.
2
ABC ranks data on basis of rank.
3
C being the least valuable ones.
4
A list is not the most valuable items.
5
None of the above