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Deviations can be analysed by using ______. - Commerce

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Question

Deviations can be analysed by using ______.

Options

  • Control by exception

  • Critical point control

  • Both the above

  • None of the above

MCQ
Fill in the Blanks
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Solution

Deviations can be analysed by using Control by exception and Critical point control.

Explanation:

Control by exception and critical point control are both tools used to analyze and manage deviations:

  • Control by exception focuses management attention on significant deviations from expected results. Minor deviations are often not reported or acted upon unless they indicate a larger trend or potential problem.

  • Critical point control focuses on areas or operations that are critical to the success of the business. Deviations in these critical areas are prioritized for analysis and correction.

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Chapter 12: Controlling - QUESTIONS [Page 376]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
QUESTIONS | Q 14. | Page 376
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