When reporting variances A : the reports should facilitate management by exception. B : promptness is relatively unimportant. C : the reports are not departmentalized. D : management normally investigates all variances.

A : the reports should facilitate management by exception

Explanation:

Given that a variance report is a form of prepared document that showed the difference between the budget financial outcomes and the real or actual financial outcome la through comparison. On the per hand, management by exceptions is a style of management that allows employees to make decisions by themselves.

Hence, variance reports should facilitate management by exception. This implies that the outcome of variance reports should allow the employees to take decisions by themselves going forward. This is in the hope that actual financial outcomes are positive in comparison to planned financial outcomes

$7,067.03

Explanation:

The formula for compound interest is

A (final amount) = P(1+r/n)^nt where P is the principal amount, r is the interest rate, n is number of times interest applied per time period and t =number of time periods elapsed

therefore using our formula A = 120,000(1+8/4)^4*8 = $226,144.87

Therefore total amount to be paid divided by 8 years then divided by 4 quarterly payments = $226,144.87/8years = $28,268.11 per year then we divide by 4 to get her quarterly payment amount = $28,268.11/4 = $7,067.03