9 10 11 12 13 14 15 16 2. TRUE and FALSE (2 points) a. If a cost is considered controllable, it indicates that all aspects of the cost are under the control of the manager of the responsibility center to which that cost is assigned. TRUE FALSE b. Management by exception is the practice of concentrating on areas not operating as anticipated (such as a cost overrun) and placing less attention on areas operating as anticipated. TRUE FALSE c. A flexible budget is calculated at the end of the budget period. TRUE FALSE