Managers use management by exception for control purposes. (1) Describe the concept of management by exception. (2)

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Managers use management by exception for control purposes.
(1) Describe the concept of management by exception.
(2) Explain how standard costs help managers apply this concept to monitor and control costs.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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