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Which of the following statements about the design of the cost systems is correct? 1. Cost systems should have a decision focus. 2. Different cost

Which of the following statements about the design of the cost systems is correct?

1. Cost systems should have a decision focus.

2. Different cost information is used for different purposes.

3. Cost information for managerial purposes must meet the cost-benefit test.

4. All of the above.

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