Budget Slack Is

question 40

Multiple Choice

Budget slack is:

• A) sometimes called padding or cushion.
• B) the result of budget estimates submitted that are slightly higher than what the costs are really expected to be.
• C) an allowance for contingencies built into a budget.
• D)all of the above.

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Definitions:

Types of Conflict

Variety of disagreements or disputes arising from differences in interests, values, or actions among individuals or groups.

Conflict Management Strategy

Conflict management strategy refers to the approach or plan of action chosen to navigate, resolve, or mitigate a conflict in a way that is constructive for all parties involved.

Trust

the firm belief in the reliability, truth, ability, or strength of someone or something.

Common Ground

Shared beliefs, knowledge, or interests that serve as a foundation for communication or understanding between individuals or groups.