Budgetary slack
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Budgetary slack is the practice of underestimating budgeted revenues, or overestimating budgeted costs, to make budgeted targets more easily achievable.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Budgetary slack. The practice of underestimating budgeted revenues, or overestimating budgeted costs, to make budgeted targets more easily achievable.
