1. Management by exception a. causes managers to be buried under voluminous paperwork. b. means that all differences will be investigated. c. means that only unfavorable differences will be investigated. d. means that material differences will be investigated.

The most suitable answer is d. means that material differences will be investigated.

Explanation:

In management by exception, the exceptional cases are given the priority. However, this does not mean that other matters are not given attention to. But the material matters are given the top.priority.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

answer; post closing trial balance;