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