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Question 11 (2.5 points) Management by Exception infers that: Any large variance should be investigated Only large unfavorable variances should be investigated Only large favorable

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Question 11 (2.5 points) Management by Exception infers that: Any large variance should be investigated Only large unfavorable variances should be investigated Only large favorable variances should be investigated All variances should be investigated Question 12 (2.5 points) An investment center manager has control over: costs only costs and revenues only costs, revenues, and purchase of assets profits only

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