Which of the following is NOT a reason for budgetaryslack?

A.

to impose a formal structure for planning purposes

B.

to buffer managers from budget cuts imposed by top management

C.

to facilitate attainment of performance goals

D.

to provide protection against cost increases or revenue shortfalls due to unforeseen events

Decisions made during longrange planning include________. A. location of new plant B. addition or deletion of product line C. purchase of equipment D. all of the above