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Budgeting Concepts and Process


Many managers like to build slack into the budget by underestimating projected sales or overestimating future expenses. Do you think budgetary slack has a place in the budgeting process? Why or why not? Provide specific examples of benefits or consequences.
Embed course material concepts, principles, and theories (require supporting citations) along with at least one scholarly, peer-reviewed reference in supporting your answer.

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