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Question

Many managers like to build slack into the budget by underestimating projected sales or overestimating future

expenses. Do you think budgetary slack has a place in the budgeting process? Why or why not? Provide specific examples of benefits or consequences.

Embed course material concepts, principles, and theories (require supporting citations) along with at least one scholarly, peer-reviewed reference in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Electronic Library by conducting an advanced search specific to scholarly references.

You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor's response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn't fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.

Top Answer

Budgetary slack is the practice of underestimating revenues or overestimating expenses when preparing a budget in an... View the full answer

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