Which of the following statements is true of performance reporting?
A)Responsibility reports should focus on the person responsible for unfavorable variances,rather than information.
B)Managers should not be held accountable for uncontrollable variances.
C)Only unfavorable variances in the reports should be explained.
D)Every variance,regardless of magnitude,must be investigated by the managers.

Question

Quizplus · Accepted Answer

Managers should not be held accountable for uncontrollable variances because these are outside their control and do not reflect their performance.

Which of the Following Statements Is True of Performance Reporting