Q598
Factor which provides hedge to managers in adverse and unexpected circumstances is known as
A.
budgetary slack
AnswerB.
costly slack
C.
influential slack
D.
target slack
Answer: Option A
Solution
Answer: Option A
Solution:
Factor which provides hedge to managers in adverse and unexpected circumstances is known as budgetary slack. Budgetary slack is the deliberate under-estimation of budgeted revenue or over-estimation of budgeted expenses.