Budgetary slack is also referred to as
A)budgetary padding.
B)bottom-up slack.
C)top-down slack.
D)None of these answer choices are correct.

Question

Quizplus · Accepted Answer

Budgetary slack is also known as budgetary padding or the intentional cushioning of budget estimates in anticipation of unforeseen expenses or performance shortfalls. Bottom-up slack refers to the creation of slack at the lower levels of an organization, while top-down slack is created by upper management in the budgeting process.

Budgetary Slack Is Also Referred to as