Management Information Systems
A periodic report can facilitate management by exception by

consolidation of multiple transactions into a summary form
including only those transactions that fall within predetermined limits of acceptable performance
including complete alphabetic descriptions for each numeric entry
None of these
comparing actual performance with acceptable standards

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Management Information Systems
Which of the following is generally true about management reports?

low-level managers need information in the form of detailed reports
reports can be issued on demand, periodically, or on the occurrence of a specific tvont
middle managers use exception reports
All of these
middle managers use a summary reports

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