Budgetary slack is also referred to as
A)Budgetary padding.
B)Bottom-up slack.
C)Top-down slack.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Budgetary slack is also known as budgetary padding, which refers to intentionally overstating expenses, understating revenues, or both, in a budget to create a cushion or reserve for unforeseen expenses or to make it easier to achieve the budgeted goals.

Budgetary Slack Is Also Referred to as