Management by exception: In this technique management only give importance to issues which are deviated from budget or expected amount. It reduces the burden of top management and saves a lot of time. To identify: Variances of great concern

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Chapter 21, Problem 6E

To determine

Management by exception:

In this technique management only give importance to issues which are deviated from budget or expected amount. It reduces the burden of top management and saves a lot of time.

To identify: Variances of great concern

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