Management Finance - Part 1

Which of the following is the strongest example of management by exception?

Type: MCQ • Marks: 1
Which of the following is the strongest example of management by exception?
Options
A. The principal reviews every classroom decision personally
B. The principal investigates departments whose expenditure substantially exceeds approved limits
C. The principal checks every minor stationery purchase
D. The principal avoids financial monitoring
Explanation
Significant deviations receive attention, while routine transactions can be handled through established procedures.
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UPSC Principal & Vice Principal Management Finance Administration

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