An intentional understatement of expected revenues or overstatement of expected expenses by managers in order to have a favorable performance evaluation is known as ________.
A) benchmarking
B) appropriation
C) budgetary slack
D) variance analysis
C) budgetary slack
You might also like to view...
Which of the following behavior issues are least likely to affect the use of IM in business?
A) Mixing personal and business messages B) Constant interruptions C) Increased security and privacy concerns D) The risk of being out of the loop during conversations E) Having to rely on other people's typing abilities
The higher the interest rate assumed, the
a. higher the present value of an ordinary annuity. b. more one must deposit today to accumulate to a desired sum. c. lower the future value of a sum invested in the bank today. d. lower the present value of a sum due in the future.
The Patent Cooperation Treaty applies to:
a. design patents. b. European patents. c. utility patents. d. All of the above
An advantage of using ROI to evaluate performance is that it encourages the manager to reduce the investment in operating assets as well as increase net operating income.
Answer the following statement true (T) or false (F)