Consider the Following Statements About Budgetary Slack

question 17

Multiple Choice

Consider the following statements about budgetary slack:
I. Managers build slack into a budget so that they stand a greater chance of receiving favorable performance evaluations.
II. Budgetary slack is used by managers to guard against uncertainty and unforeseen events.
III. Budgetary slack is used by managers to guard against dollar cuts by top management in the resource allocation process.
Which of the above statements is (are) true?

• A) I only.
• B) II only.
• C) I and II.
• D) II and III.
• E) I, II, and III.

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Definitions:

Neural Fluid

A term that might refer to cerebrospinal fluid, which circulates in the brain and spinal cord to protect and nourish neural tissues.

Myelination

The process of coating the axons of neurons with a fatty substance called myelin, which improves the speed and efficiency of neural signal transmission.

Corpus Callosum

A wide band of nerve fibers connecting the left and right hemispheres of the brain, facilitating communication between them.

Both Hemispheres

Referring to the involvement or activation of both the left and right hemispheres of the brain.