Which of the following statements is true? ABC system of inventory control looks at the percentages of sales collected during various months. Businesses follow a number of specic steps in the Jit process, depending on how long overdue the account is, the size of the debt, and other factors The collection process can be viewed as a capital budgeting process wherein the firm wants to use the collection procedures that generate the highest safety stock, A simple and useful inventory management model is the economic order quantity (EOQ) model. Question 9