Management by exception would dictate that the manager investigate which of the following variances?
A)Variances which are less than a certain dollar amount or percentage
B)Variances which are greater than a certain dollar amount or percentage
C)All unfavorable variances
D)All favorable and unfavorable variances

Question

Quizplus · Accepted Answer

Management by exception is a principle whereby only significant variances are brought to the attention of management, with the expectation that they will investigate and take action to address them. Therefore, variances that are greater than a certain dollar amount or percentage would be the most appropriate to investigate, as they are deemed to be significant enough to require management attention.

Management by Exception Would Dictate That the Manager Investigate Which