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Only Substantial Unfavorable Variances Should Be Investigated to Determine Their

question 56

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Only substantial unfavorable variances should be investigated to determine their causes.

Recognize the importance and methods of internal and external benchmarking.
Comprehend the concept and applications of contingency planning.
Identify the relevance and process of participatory planning in improving plan implementation.
Grasp the principles and benefits of Management by Objectives (MBO).

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