In a firm the reports are generated under condition are called _____ reports.

A. exception

B. condition

C. standard

D. periodic

Answer: Option A

Solution(By Examveda Team)

In a firm the reports are generated under condition are called exception reports. An exception report is a document that states those instances in which actual performance deviated significantly from expectations, usually in a negative direction. The intent of the report is to focus management attention on just those areas requiring immediate action.