Identify each item as an advantage or disadvantage of budgeting.
-Leads to budgetary slack

Name: Identify each item as an advantage or disadvantage of budgeting. -Leads to budgetary slack
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Question

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Budgetary slack refers to intentionally overestimating expenses or underestimating revenues in a budget in order to make it easier to achieve. This is a disadvantage because it can lead to inefficient use of resources and may result in missed opportunities for the organization.

Identify Each Item as an Advantage or Disadvantage of Budgeting