Which of the following information would most likely be reviewed by management on an exception report?
A) Monthly cash budget
B) Quality control system failures
C) Unit sales by territory and salesperson
D) Income statement

Question

Quizplus · Accepted Answer

An exception report is a report that highlights any areas where performance is significantly above or below expectations. Quality control system failures would most likely be considered a significant exception and be reviewed by management through an exception report. The other options, such as monthly cash budgets, unit sales, and income statements, would typically be reviewed as part of regular financial or operational reporting and would not necessarily be considered exceptions.

Which of the Following Information Would Most Likely Be Reviewed