What is the primary purpose of HML analysis when applied to inventory?
A. To categorize inventory items by their historical selling price
B. To categorize inventory items by their degree of risk
C. To determine the cost of goods sold for each inventory item
D. To identify slow-moving or excess inventory
Answer:B
What is the primary purpose of HML analysis when applied to inventory?
A. To categorize inventory items by their historical selling price B. To categorize inventory items by their degree of risk C. To determine the cost of goods sold for each inventory item D. To identify slow-moving or excess inventory