Which of the Following Statements Is True of Performance Reporting

Multiple Choice

Which of the following statements is true of performance reporting?

A) Responsibility reports should focus on the person responsible for unfavorable variances, rather than information.
B) Managers should not be held accountable for uncontrollable variances.
C) Only unfavorable variances should be explained in the reports.
D) Every variance, regardless of magnitude, must be investigated by the managers.