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TB MC Qu . 6 - 9 5 ( Static ) Which of the following statements regarding the two - stage... Which of the following

TB MC Qu.6-95(Static) Which of the following statements regarding the two-stage...
Which of the following statements regarding the two-stage cost allocation process is false?
Multiple Choice
It involves first allocating costs to intermediate cost pools and then to individual cost objects.
The selection of an appropriate cost allocation base is more important for single-stage cost allocation systems than for two-stage cost allocation
systems.
If a company has three cost pools, then it should also have three different cost allocation bases.
It uses two or more allocation bases to allocate manufacturing overhead to products.
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