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Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

a cushion of extra resources that can be used with options-based planning to adapt to unanticipated change, problems, or opportunities

AYMAN EL KASHLAN
par AYMAN EL KASHLAN , ACCOUNTS MANGER , MODERN OFFICE FOR POULTERY

SLACK BUDGET IS OFFER BUDGET LESS THAN WHAT HE CAN DO LIKE BUDGET I SELL10000 AND REALLY HE CAN SELL20000 SO ACUTALY SO HE WILL APEAR AT THE END THAT HE VERY VLEVER

Utilisateur supprimé
par Utilisateur supprimé

"Slack Budget" means providing a cushion in a budget in order to avoid an unfavorable variance at the end of the budget year.
The budgetary slack might be achieved by entering budget expense amounts that are larger than expected and/or entering budget revenue amounts that are smaller than expected.

Munawar Zulfiqar
par Munawar Zulfiqar , Manager Business Development & Implementation , SYBRID PRIVATE LIMITED

Cushion in a budget is called Slack Budget.
this will help to avoid an unfavorable variance at the end of the budget year.

Khaja Moinuddin
par Khaja Moinuddin , Group Assistant Financial Controller , Confidential

The intentional allowance for extra expenditures in a future cash flow.
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.
Budgetary slack is when the people involved in creating a budget deliberately under-estimate the amount of revenue to be generated, or over-estimate the amount of expenses expected to be incurred during the budget period.
This allows them a much better chance of "making their numbers," which is particularly important for them if performance appraisals and bonuses are tied to the achievement of budgeted numbers.
Budgetary slack is most common when a company uses participative budgeting, since this form of budgeting involves the participation of a large number of employees, which gives more people a chance to introduce budgetary slack into the budget.

Budgetary slack is generally frowned upon by most accountants.
This strategy effectively prevents budgets from working properly.
It can even be unethical in some cases, such as when companies intentionally distort these figures in order to achieve certain accounting objectives

Noufal M
par Noufal M , Accountant , WESTERN INTERNATIONAL GROUP OF COMPANIES(NESTO HYPERMARKET)

Budgetary slack is the deliberate under-estimation of budgeted revenue or over-estimation of budgeted expenses

MUHAMMAD SHABAN AFZAL
par MUHAMMAD SHABAN AFZAL , Accounts Executive , Orient House General Trading LLC

Cushion in a budget is called Slack Budget.
this will help to avoid an unfavorable variance at the end of the budget year and always keep a favorale variance at the end of the budget year.

Muhammad Sohail Anwar
par Muhammad Sohail Anwar , Finance Manager , The Food Concepts

Slack is a component in budget which can be used for uncertain and unknown things say any sudden expense.

Noel Lane
par Noel Lane , Director of Operations , Integrated Building Company

A slack budget in other terms may be identified as having unidentified expenditure line items or contingency items.  Slack budgets, or budgets filled with contingencies, are generally not effective for cost control or effective business planning strategies. 

Waleed El-Baz
par Waleed El-Baz , Financial Manager , TIPOCO (Tiba For Investment & Petroleum Operation)

Regarding the market setuation and the resetion .It's under estmate of revenue or over estmate to cost & expenses to achive the target ( Net Profit)

 

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