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Budgetary slack and padding refer to the practice of: Select one: a. prepare pro forma financial statements b. underestimating income in the budget and overestimating
"Budgetary slack" and "padding" refer to the practice of: Select one: a. prepare pro forma financial statements b. underestimating income in the budget and overestimating expenses in the budget c. motivate budgets to reflect realities beyond the relevant range of activity (relevant volume range) d. incentivize managers to approximate their budget goals to reality
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