Which of the following can NOT be treated as a cost object? A. A service B. A person C. A product line D. A department E. None of the choices, i.e., all choices can be treated as a cost object Budget slack is most likely to occur when: A. The operating environment is stable and easy to predict. B. Budget targets set by management are always easy to achieve C. There is no budget participation by managers. D. Rewards are linked to meeting budget targets. E. The cost of direct materials is higher than variable overhead. Budget slack is least likely to occur when: A. There is budget participation by managers. B. Rewards are not linked to meeting budget targets. C. Budget targets set by management are always too difficult to achieve. D. The operating environment is unstable and difficult to predict. E. The cost of direct materials is lower than variable overhead