Rolling budgets help in reducing budgetary slack.

Name: Rolling budgets help in reducing budgetary slack.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Rolling budgets are updated regularly, which makes it difficult for managers to intentionally overestimate costs or underestimate revenues (known as budgetary slack) in order to make themselves look better. This is because they are held accountable for their budget on an ongoing basis, making it more difficult to hide any errors or misjudgments.

Rolling Budgets Help in Reducing Budgetary Slack