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But the correct answer in bpp revision kit is stated as option B, although option a) seems more directly linked to exception reports.
I do not think (b) is correct. For example, exception reports can report:
An employee who has submitted a large overtime claim.
A Cr balance on a receivables ledger.
A line of inventory which has had no sales for 6 months.All of these are worth investigating (they are exceptional) but none would be part of any budget so answer (b) [“The analysis of those items where performance differs significantly from standard or budget”] would not cover them.
However, answer (a) [The reporting of unusual events, outside the normal course of events] does. In fact answer (a) embraces answer (b) because a significant departure from budget is (or should be) an unusual event.
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