Examlex
Which of these is a drawback of logrolling?
Participative Budgeting
A budgeting process where both management and employees participate in setting budgets, improving accuracy and commitment.
Budgeting Slack
The practice of underestimating revenue or overestimating expenses while preparing a budget to create a cushion or slack for unexpected situations.
Budgetary Slack
The practice of underestimating revenues or overestimating expenses when preparing a budget to create a buffer for unexpected scenarios.
Uncertainty
The state of having limited knowledge where it is impossible to exactly describe existing state or future outcomes, often affecting decision-making processes.
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