The term "management by exception" is best deﬁned as:
A)choosing exceptional managers.
B)controlling actions of subordinates through acceptance of management techniques.
C)investigating unfavorable variances.
D)devoting management time to investigate signiﬁcant variances.
E)controlling costs so that non-zero variances are treated as "exceptional."

Question

Quizplus · Accepted Answer

Management by exception refers to the management practice of only addressing significant variances or exceptions in performance or results, rather than focusing on every minor detail. This approach allows managers to devote their time and resources where they are most needed, rather than micromanaging every aspect of their subordinates' work. By investigating significant variances, managers can identify areas for improvement and take corrective action when necessary.

The Term "Management by Exception" Is Best Deﬁned As