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

A. exception
B. condition
C. standard
D. periodic
✅ The correct answer is option A.
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.

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