All of the following statements are correct about management by exception except itenables top management to focus on problem areas that need attention. requires that there must be some guidelines for identifying an exception. means that management has to investigate every budget difference. means that top management's review of a budget report is focused primarily on differences between actual results and planned objectives.

Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses.the utilization rate for southeastern=%the efficiency rate for southeastern=%