Weekly Assignment 9 Question 1 of 10

Weekly Assignment 9 Question 1 of 10 View PolicieS Current Attempt in Progress What is "budgetary slack"? -11 O It is the rocess whereby upper management underestimates budgeted revenues or overestimates budgeted expenses in order to motivate lower management. O It is the process where managers intentionally underestimate budgeted revenues or overestimate budgeted expenses in order to make it easier to achieve budgetary goals. O It is the tolerance that is built into budgets to recognize that _actual results will not match budgeted projections exactly. O It is the amount that actual results vary from budgeted projections as reported at the end of the budget period. e Textbook and Media Attempts: Oof 3 used Savc for Latcr p Type here to search