True or false- - The cost of a job will include actual overheads...

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Accounting

True or false-
- The cost of a job will include actual overheads incurred when a normal costing system is used.
- The accountant uses the absorption costing method of inventory costing for the preparation of financial statements for reporting to external users.
- The calculation of variances in actual cost compared to budgeted costs is a planning activity.

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