When Management by Exception Is Employed,favorable Variances Should Not Be

question 79

True/False

When management by exception is employed,favorable variances should not be investigated.

---

Definitions:

Cartels

Groups of independent market participants who collude to control prices and output in a particular market, typically to restrict competition.

Illegal

Refers to actions or activities that are prohibited by law.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies while the other players' strategies remain unchanged.

Payoff

The benefit or return that one receives as a result of an investment or action; a rephrasing of economic payoff emphasizing the outcome aspect.