A performance reporting technique used to communicate explanations of variances to each manager within the organization with an appropriate level of detail or summarization is known as:Multiple choice question.responsibility reportingfinancial reportingsegment reportingmanagerial reporting

Multiple Choice QuestionA performance reporting technique used to communicate explanations of variances to each manager within the organization with an appropriate level of detail or summarization is known as:Multiple choice question.responsibility reportingfinancial reportingsegment reportingmanagerial reporting

A system of performance reporting that involves successive degrees of summarization as the number of management responsibility levels being reported about increases is called reporting.

A management technique that permits managers to concentrate their attention on only those activities that have a significant variance, with the objective of understanding why the variance occurred, is known as:Multiple choice question.management planning and controlexcess variance analysisresponsibility reportingmanagement by exception

Variance analysis allows management to assign responsibility for variances so that:Multiple choice question.action can be taken to correct the situationresponsible employees can be firedreports can be prepared

In performance reporting, the term used to indicate a difference between actual performance and planned activity is known as a(n) .