Which one of the following statements is true in ABC classification of materials?

Q. Which one of the following statements is true in ABC classification of materials?

A.            items of material have moderate 96 of cost and high 96 of quantity

B.            ‘A’ items of material have high 96 of cost and low 96 of quantity

C.            ‘A’ items of material have high 96 of cost and high 96 of quantity

D.            ‘B’items of material have moderate 96 of cost and low 96 of quantity

Answer: ‘A’ items of material have high 96 of cost and low 96 of quantity