Question Tag: Budget Targets

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MI – May 2016 – L1 – SA – Q12 – Budgeting

Identify the term used for the intentional overestimation of expenses or underestimation of revenue in a budget.

The intentional overestimation of expenses and/or underestimation of revenue in a budget is the definition of:

A. Budget slack
B. Sub-optimization
C. Budget targets
D. Incremental budgeting
E. Budget setting

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MI – May 2016 – L1 – SA – Q12 – Budgeting

Identify the term used for the intentional overestimation of expenses or underestimation of revenue in a budget.

The intentional overestimation of expenses and/or underestimation of revenue in a budget is the definition of:

A. Budget slack
B. Sub-optimization
C. Budget targets
D. Incremental budgeting
E. Budget setting

Login or create a free account to see answers

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