Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming

Question

2 years ago

8

year will be $200,000 and expenses will be $120,000. To build in budgetary slack, Joan is least likely to budget for

1 answer:

vredina [299] · Answer 1 · 2023-01-19T23:01:02+03:00

The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

<h3>What is a budgetary slack?</h3>

This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.

Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for