S ources Incorrect Question 19 Which of the following statements about ABC analysis is FALSE? 0/1 pts ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings. In ABC analysis, forecasting methods for "C" items may be less sophisticated than for "A" items. Criteria other than annual dollar volume, such as delivery problems, can determine item classification in ABC analysis. ABC analysis is based on the presumption that controlling the few most important items produces the vast majority of inventory savings. In ABC analysis, "A" items should have tighter physical inventory control than "B" or "C" items