What Does Management by Exception Refer to in the Budgeting

question 86

Multiple Choice

What does management by exception refer to in the budgeting process?

• A)Rewarding exceptional effort
• B)Delegating responsibility, leaving management free for other things
• C)Concentrating most of management's efforts on those who do not achieve the budget
• D)Motivating staff to boost the reputation of the business

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Definitions:

Main Components

Fundamental elements or parts that make up a system, device, or concept, serving as its basic building blocks.

Interfaith Marriage

A marriage between individuals of different religious beliefs, often involving discussions on religious upbringing for offspring.

Religious Ceremonies

Rituals performed in accordance with the beliefs and practices of a religious faith, often to mark significant life events or religious dates.

Pluralism

A condition or system in which multiple diverse groups, beliefs, or values coexist within a society, and are allowed and encouraged to maintain their distinctiveness.