Purpose of abc classification system


Assignment:

Describe the four types of inventory? With the advent of low-cost computing, do you see alternatives to the popular ABC classifications?  What is the purpose of the ABC classification system?  Identify and explain the types of costs that are involved in an inventory system.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Accounting Basics: Purpose of abc classification system
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