Which of the Following Statements About Management by Exception Is

question 3

Multiple Choice

Which of the following statements about management by exception is incorrect?

• A) Managers concentrate on results that are outside the accepted parameters.
• B) There is no need to investigate variances that are less than 10%.
• C) Exceptions can be expressed as a percentage of a budgeted amount or a dollar amount.
• D) Many companies use a combination of percentages and dollar amounts.

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Definitions:

Disclosing

The act of making something known or public, especially information that was previously secret or private.

Alternatives

Other options or choices available in a given situation or for solving a particular problem.

Transparency

The practice of being open, honest, and straightforward about various activities, operations, or decisions.

Stealth Marketing

Marketing strategies that aim to advertise a product to people without them realizing they are being marketed to.