Q577
Practice, which makes target more achievable by underestimating revenues or overestimating cost is called
A.
cost slack
B.
target slack
C.
budgetary slack
AnswerD.
revenue slack
Answer: Option C
Solution
Answer: Option C
Solution:
Practice, which makes target more achievable by underestimating revenues or overestimating cost is called budgetary slack. Budgetary slack is the deliberate under-estimation of budgeted revenue or over-estimation of budgeted expenses.