Question: TRUE OR FALSE: The two-stage cost allocation process allocates costs to multiple cost pools and then to individual cost objects using different allocation bases. TREU

TRUE OR FALSE: The two-stage cost allocation process allocates costs to multiple cost pools and then to individual cost objects using different allocation bases.

TREU OR FALSE: It is important that cost management systems are designed using the cost-benefit principle so that the costs of gathering additional information are balanced against the benefits of that information.

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