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Which of the following statements about ABC analysis isfalse? A) ABC analysis is based on the presumption that controlling thefew most important items produces the vast majority of inventorysavings. B) In ABC analysis, “A” Items are tightly controlled, haveaccurate records, and receive regular review by major decisionmakers. C) In ABC analysis, “C” Items have minimal records, periodicreview, and simple controls. D) ABC analysis is based on the presumption that all items mustbe tightly controlled to produce important cost savings. E) In ABC analysis, “B” items are not as tightly controlled as”A” items. Attached