For Performance Reports to Be Most Effective for Management by Exception

question 56

Multiple Choice

For performance reports to be most effective for management by exception, they should:

• A)be issued at the same time for all responsibility centers.
• B)be held until the financial statements for the month have been issued.
• C)be issued as soon as possible after the activity or period covered.
• D)show all of the costs associated with the responsibility center being reported about.