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What is meaning of budgetary slack ?

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Question ajoutée par Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date de publication: 2014/09/25
Joseph Assaf
par Joseph Assaf , Material Manager , Technip, France

Budgetary slack can take one of two forms: It can either underestimate the amount of income or revenue that will come in over a given amount of time, or overestimate the expenses that are to be paid out over the same time period. 

This strategy effectively prevents budgets from working properly.

 

Wish you all the best

Tharwat atalla el sayed ali Abdo
par Tharwat atalla el sayed ali Abdo , محاسب ومحلل مالى , بورت غالب لاداره وتمليك الرحلات البحريه

When a budget is easily achieved it is said to have budgetary slack in it When budgetary slack exists either revenue are understand or expenses are overstated to which makes it difficult to properly evaluate the performance

Mohamed Ghazi CMA
par Mohamed Ghazi CMA , Finance and Budget Manager , Ernst & Young

Budgetary slack is the process of making the target easy to achieve by under estimste the revenues and over estimate the expenses, i could avioded or mitigated by using the ZBB zero based budget.

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