Which of the following statements is true of the ABC analysis?

Group of answer choices

It compares actual and planned sales to determine the quantity of merchandise needed.

It uses a weighted$-$average score for each vendor.

The A items account for $10$ percent of the SKUs and $20$ percent of sales.

The SKUs in a merchandise category are rank$-$ordered by several performance measures.

The C items account for $65$ percent of SKUs and contribute to $70$ percent of sales.