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 technique that focuses on significant variances from expected results or deviations from a plan. It enables management to concentrate on critical areas that require their attention, allowing them to make quick decisions to resolve issues promptly. Therefore, option A is the best choice. Option B and D are not relevant to the practice, and option C is too general and does not provide specific information about the practice.

The Practice of Directing Executive Attention to Important Deviations from Budgeted