All of the following statements about ABC analysis are true except

Question $40$ options:

a$)$

inventory may be categorized by measures other than dollar volume.

b$)$

it is an application of the Pareto principle.

c$)$

it states that all items require the same degree of control.

d$)$

it categorizes on$-$hand inventory into three groups based on annual dollar volume.

e$)$

it states that there are the critical few and the trivial many inventory items.