Which of the Following Statements Is (Are)false Regarding First-Stage and Second-Stage

Multiple Choice

Which of the following statements is (are) false regarding first-stage and second-stage cost allocation methods? (A) The basic difference between a first-stage cost allocation and a second-stage cost allocation is that cost pools are not used in first-stage cost allocations.(B) Predetermined overhead rates are used in first-stage cost allocations but not in second-stage cost allocations.

A) Only A is false.
B) Only B is false.
C) Neither A and B nor false.
D) Both A and B are false.