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CIMAPRO19-P01-1 Exam - Topic 4 Question 63 Discussion

The term 'budgetary slack' refers to the:
D) Intentional over estimation of costs and/or under estimation of revenue in a budget
A) Lead time between the preparation of the functional budgets and the approval of the master budget by senior management
B) Difference between the budgeted output and the actual output
C) Difference between budgeted capacity utilization and full capacity

CIMAPRO19-P01-1 Exam - Topic 4 Question 63 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 63
Topic #: 4
[All CIMAPRO19-P01-1 Questions]

The term 'budgetary slack' refers to the:

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Suggested Answer: D

References:


by Jess at Dec 28, 2022, 10:10 AM

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Jenelle
8 months ago
Nope, it's definitely about the over/under estimation part!
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Lenna
9 months ago
I thought it was just about the difference in actual vs. budgeted output.
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Tresa
9 months ago
Wait, is that really a thing? Sounds sketchy to me.
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Shelia
9 months ago
Totally agree, it's a sneaky way to make targets easier to hit.
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Kindra
9 months ago
Budgetary slack is all about intentionally overestimating costs!
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Fidelia
9 months ago
I definitely recall that budgetary slack involves some kind of intentional misrepresentation in budgeting, so I would go with D as well.
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Cristina
9 months ago
I’m a bit confused because I thought budgetary slack was about the difference between budgeted and actual output. Was that a different concept?
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Tawanna
9 months ago
I remember practicing a question about budgetary slack, and I think it was related to overestimating costs. So, I might lean towards option D.
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Tequila
10 months ago
I think budgetary slack has something to do with intentionally inflating costs, but I'm not completely sure if that's the right answer.
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Rolf
10 months ago
I'm leaning towards the Docker Compose file option. It seems like it could provide a more comprehensive testing environment, but I'm not sure if it would prevent the results from being published.
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Graham
10 months ago
Hmm, I'm not entirely sure about this one. The options seem a bit technical, and I want to make sure I understand the concept before choosing an answer.
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