| In setting up a managerial control system, the standard must be established, and a means of measuring performance against that standard must be established. What statement is true concerning the comparison between performance and the standard? |
| A) Any deviation must be determined and documented for record-keeping purposes. No further action is necessary. |
| B) Any deviation must be determined. No further action is necessary. |
| C) Any deviation must be determined and analyzed to determine what caused the deviation. Corrective action is taken as necessary. |
| D) Any deviation must be determined and analyzed to determine what caused the deviation. No further action is necessary. |
