Which of the following is the best description of management by exception? A Using management reports to

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Which of the following is the best description of ‘management by exception’?

A Using management reports to highlight exceptionally good performance, so that favourable results can be built upon to improve future outcomes.

B Sending management reports only to those managers who are able to act on the information contained within the reports.

C Focusing management reports on areas which require attention and ignoring those which appear to be performing within acceptable limits.

D Appointing and promoting only exceptional managers to areas of responsibility within the organisation.

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Management Accounting

ISBN: 9780273718451

2nd Edition

Authors: Pauline Weetman

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