Examlex

Solved

Limits That Are Set Too High for Exception Reports Can

question 73

True/False

Limits that are set too high for exception reports can overwhelm the decision maker with "exceptions" that are not really cause for concern.


Definitions:

Decimal Places

The places for digits to the right of the decimal point, representing tenths, hundredths, thousandths, and so forth.

Base

In finance, it typically refers to the basic rate or the initial point of reference from which calculations are made or adjusted.

Decimal Places

The number of digits to the right of the decimal point in a number.

Base Value

A reference or initial value used for comparison or calculation purposes in finance and economics.

Related Questions