Under management by exception which differences between planned and actual results should be investigated?

A) Material and noncontrollable
B) Controllable and noncontrollable
C) Material and controllable
D) All differences should be investigated

Management by Exception

A management strategy where managers only intervene in decision making when performance deviates significantly from standards, allowing more focus on important issues.

Controllable

Refers to costs or elements within a business that can be directly managed, influenced, or altered by decisions of management.

Noncontrollable

Refers to expenses or influences that cannot be altered or changed by the management due to external constraints or fixed contract terms.