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Fred and Danielle are obviously including slack in their budgets. Explain why they are doing this and what benefits they expect to receive as a

Fred and Danielle are obviously including slack in their budgets. Explain why they are doing this and what benefits they expect to receive as a result of using budgetary slack.
How can the use of budgetary slack adversely affect Fred and Danielle?
Stephen is concerned that the actions described may be unethical. Read the IMAs Statement of Ethical Professional Practice (attached below). Based on the Statement, do you agree with Stephen? Use what you read to help explain why you do or do not agree.

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