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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:
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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.
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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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