Budgetary slack is also referred to as
A)budgetary padding.
B)bottom-up slack.
C)top-down slack.
D)tactical planning.

Question

Quizplus · Accepted Answer

Budgetary slack is the intentional overestimation of expenses or underestimation of revenues in a budget to create a cushion or safety net in case actual results fall short of expectations. It is also known as budgetary padding. The other options, bottom-up slack, top-down slack, and tactical planning, are not synonymous with budgetary slack.

Budgetary Slack Is Also Referred to as