Which statement is true concerning management by exception?
A)It is most effective on uncontrollable costs.
B)It enables management to focus on problem areas.
C)It allows managers to decide when they want to use budget guidelines.
D)It allows managers to concentrate on the uncontrollable costs.

Question

Quizplus · Accepted Answer

Management by exception involves focusing on areas that deviate from normal or desired performance levels. By doing so, management can identify problem areas and address them before they escalate into bigger issues. This approach can be particularly effective in identifying and managing controllable costs. However, it is not limited to just these costs and can be applied to a range of management issues. Management by exception also allows managers to prioritize areas of concern and allocate resources where they are most needed.

Which Statement Is True Concerning Management by Exception