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. Every variance, regardless of magnitude, must be investigated by the managers. C. Managers should not be held accountable for uncontrollable variances. D. Only unfavorable variances in the reports should be explained.
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. Every variance, regardless of magnitude, must be investigated by the managers. C. Managers should not be held accountable for uncontrollable variances. D. Only unfavorable variances in the reports should be explained.
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6MC: Which of the following is not a characteristic of a good performance measurement system? A. timely...
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Which of the following statements is true of performance reporting?
Responsibility reports should focus on the person responsible for unfavorable variances, rather than information.
Every variance, regardless of magnitude, must be investigated by the managers.
Managers should not be held accountable for uncontrollable variances.
Only unfavorable variances in the reports should be explained.
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