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Exception reporting

This topic has 1 reply, 2 voices, and was last updated 10 months ago by John Moffat.

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March 11, 2022 at 6:12 pm #651070
Amrit123
Member
- Topics: 26
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What is an exception report?
A. A report highlighting adverse variances
B. A report highlighting favourable variances
C. A report prepared as and when required rather than routinely
D. A report of variances of a certain magnitude
Sir answer given is B but I need some explanation from your side ?
March 12, 2022 at 8:09 am #651119
John Moffat
Keymaster
- Topics: 57
- Replies: 51552
An exception report if a report highlighting deviations from what is expected, usually negative deviations i.e. adverse variances. The better answer is A rather than B.
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