Examveda
Examveda

Factor which provides hedge to managers in adverse and unexpected circumstances is known as

A. budgetary slack

B. costly slack

C. influential slack

D. target slack

Answer: Option A

Solution(By Examveda Team)

Factor which provides hedge to managers in adverse and unexpected circumstances is known as budgetary slack. Budgetary slack is the deliberate under-estimation of budgeted revenue or over-estimation of budgeted expenses.

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