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7 years ago
Which of the following statements about management by exception is incorrect?
A) Many companies use a combination of percentages and dollar amounts.
B) There is no need to investigate variances that are less than 10%.
C) Managers concentrate on results that are outside the accepted parameters.
D) Exceptions can be expressed as a percentage of a budgeted amount or a dollar amount.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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#2
7 years ago
Makes perfect sense, thx
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