Question: The basic principle of management by exception would indicate that a manager should investigate which of the following variances? a. All variances regardless of the

The basic principle of management by exception would indicate that a manager should investigate which of the following variances?

a. All variances regardless of the size of the variance

b. All favorable variances exceeding the budgeted amount

c. All unfavorable variances exceeding the budgeted amount

d. All variances that are greater than a budgeted and actual dollar amount (or percentage)

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