Budgetary Slack Helps Buffer Managers from Budget Cuts Imposed by Higher-Level

question 61

True/False

Budgetary slack helps buffer managers from budget cuts imposed by higher-level management.

---

Definitions:

Institutionalized

Refers to the process or state of being placed into and becoming accustomed to a structured institutional environment, such as a prison or mental health facility.

Sound Mind

A legal term denoting an individual's legal and mental capability to make decisions or enter into contracts, signifying that they are neither impaired nor incapacitated.

Witnesses

Witnesses are individuals who observe events first-hand and can provide testimony or evidence about those events in legal proceedings.

Handwrote

The action of writing something using a pen, pencil, or other writing instrument, as opposed to typing or printing.