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What is budgetary slack and goal congruence?

Accounting Auditing Financial Accounting Bank Accounting managerial accounting
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Question added by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)
Date Posted: 2014/12/03
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Aly Farouk Zamzam, (CMA)
by Aly Farouk Zamzam, (CMA) , Accounting Manager , F.M.S Trading

Budgetary slack is a way of overstated costs and expense or downstated revenues when preparing the master budget in order to be on safe side of achieving target.

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