Management by exception:

	A.	Advocates the rewarding of exceptional managers
	B.	Provides detailed instructions to all employees except top management
	C.	Requires the justification for all budget items except the amount budgeted or spent in a previous budget
	D.	None of the above

Which of the following approaches is widely used for budgeting?

	A.	The incremental approach
	B.	The minimum level approach
	C.	The output/input approach
	D.	All of the above