Which of the Following Statements Is True Regarding 'Management by Exception

question 41

Multiple Choice

Which of the following statements is true regarding 'management by exception'?

• A) It is rarely used in variance analysis.
• B) It forces managers to investigate all variances,regardless of size.
• C) It requires the use of flexible budgets.
• D) It requires managers to calculate standard costs but not actual costs.

---

Definitions:

Anal Canal

The final segment of the digestive tract through which feces are excreted from the body.

Fecal Incontinence

The inability to control bowel movements, causing unintended leakage of stool from the rectum.

Hemorrhoids

Swollen veins in the lower rectum and anus, often causing pain, discomfort, and rectal bleeding.

Colon Cancer

A type of cancer that begins in the large intestine (colon), part of the digestive tract.