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A- underestimation planned revenue only B- Overestimation planned cost only C-1&2 are correct D- all answers are false
C->>>>>>>>>>>>1&2 are correct
Budgetary slack can take one of two forms: It can either underestimate the amount of income or revenue that will come in over a given amount of time, or overestimate the expenses that are to be paid out over the same time period.
Answer option C
Budgetary slack is underestimation of planned revenue and expenditure in the same time period.
c-
both of underestimation planned revenue and Overestimation planned cost
