A manager estimates that revenues for the coming period will be $85,000 but includes only $80,000 in her budget.This is an example of
A) pro-forma variance.
B) revenue slack.
C) budgetary padding.
D) None of these answer choices are correct.
Correct Answer:
Verified
Q21: Under both participative budgeting and imposed budgeting,
Q33: An imposed budget
A)tends to elicit more commitment
Q45: Budgetary slack is also referred to as
A)budgetary
Q46: An ideal standard signifies
A)perfection.
B)realistic projections.
C)attainable goals.
D)All of
Q47: Which of the following is not a
Q48: Which of the following is not a
Q51: Which of the following is an advantage
Q54: Which of the following is not a
Q55: Deviations from the budget may occur because
Q56: In a manufacturing setting, practical standards do
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