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

Actual exam question for CIMA's CIMAPRO19-P01-1 exam

Question #: 63
Topic #: 4

The term 'budgetary slack' refers to the:

ALead time between the preparation of the functional budgets and the approval of the master budget by senior management

BDifference between the budgeted output and the actual output

CDifference between budgeted capacity utilization and full capacity

DIntentional over estimation of costs and/or under estimation of revenue in a budget

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Suggested Answer: D

References:

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

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