Managers who properly apply the concept called 'management by exception' will:
A) investigate only unfavourable variances.
B) investigate only favourable variances.
C) always investigate unfavourable and favourable variances regardless of size.
D) investigate only variances of a certain size or scope.

Question

Quizplus · Accepted Answer

Managers who apply the concept of management by exception will investigate only variances of a certain size or scope. This means that they will ignore small variances that do not have a significant impact on the overall performance of the organization and focus on larger variances that require attention and action. This allows managers to prioritize their efforts and allocate resources efficiently.

Managers Who Properly Apply the Concept Called 'Management by Exception