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Which of the following statements about cost drivers in ABC systems is FALSE? 1. cost driver for a cost pool should have a cause and

Which of the following statements about cost drivers in ABC systems is FALSE?

1. cost driver for a cost pool should have a cause and effect relationship to the costs in the pool

2. the cost drivers should be duration drivers

3. 100% correlation between the cost driver activity and the variation in the cost is not necessary

4. the cost driver activities can be quantified

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