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Which of the following statements is true? 0 Activity-based costing allocates overhead to multiple activity cost pools and assigns the cost pools to products using

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Which of the following statements is true? 0 Activity-based costing allocates overhead to multiple activity cost pools and assigns the cost pools to products using cost drivers 0 Traditional costing systems use multiple predetermined overhead rates 0 ABC usually results in less appropriate management decisions 0 The rst step in activity-based costing is to assign overhead costs to products using cost drivers

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