________ Is a Control Technique That Allows Only Significant Deviations

question 62

Multiple Choice

________ is a control technique that allows only significant deviations between planned and actual performance to be brought to a manager's attention.

• A)Management by exception
• B)Disaster management
• C)Contingency planning
• D)Process control
• E)Management by objectives

---

Definitions:

Overhead Rate

The rate at which indirect costs are allocated to produced goods or services.

Direct Labor Dollar

The total cost of wages paid to workers who are directly involved in the production of goods or delivery of services.

Rent Expense

The cost incurred for leasing or renting property or equipment, considered an operating expense in accounting.

Supervision Expense

Supervision expense refers to the cost associated with overseeing and managing workers or operations within a business.