Sometimes employees will deliberately overstate the amount of materials and/or labor that should be required to complete a job.The difference between inflated and realistic standards is known as:
A) Budget slack.
B) Making the numbers.
C) Lowballing.
D) Cooking the books.

Question

Quizplus · Accepted Answer

Budget slack refers to deliberately overstating the amount of resources (such as materials and labor) required to complete a task or project, resulting in a variance between the actual cost and the budgeted cost. This is often done to create a cushion or safety net for unforeseen circumstances or to make it easier to achieve targets and goals.

Sometimes Employees Will Deliberately Overstate the Amount of Materials And/or