The practice of directing executive attention to important deviations from budgeted amounts is called management by:

Question

Quizplus · Accepted Answer

Management by exception is a method of focusing management attention on significant deviations from predetermined norms or standards, often related to budgeted amounts. By monitoring and addressing these exceptions, managers can prioritize actions and allocate resources more effectively. Objective, control, and analysis are all important aspects of management, but they do not specifically relate to the practice of directing executive attention to significant deviations from the budget.

The Practice of Directing Executive Attention to Important Deviations from Budgeted