Budget slack is a condition in which

a. demand is low at various times of the year.
b. excess machine capacity exists in some areas of the plant.
c. there is an intentional overestimate of expenses or an underestimate of revenues.
d. managers grant favored employees extra time off.

C

Business

You might also like to view...

Developing an integrated marketing communications plan requires the analysis of the three C's: customers, competitors, and communications

Indicate whether the statement is true or false

Business

A person who considers only Pepsi or Mountain Dew when purchasing a soft drink employs his or her evoked set in evaluating purchase alternatives

Indicate whether the statement is true or false

Business