Budgetary slack

Description 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 6 scholarly, peer-reviewed reference in supporting your answer Reference of the textbook is: Warren, C. S., & Tayler, W. B. (2020). Managerial accounting (15th ed.). Boston, MA: Cengage Learning. ISBN: 9781337912020 Make sure to add many in-text citation for each idea or though. Make sure to divide the assignment into two (2) pages as following: 1st page (full page) talking about the essay with all the requirement in the question 2nd page (divided into two long paragraphs) will be used to be as replies for 2 students (find attached doc. as example) talking about the same topic with different ideas. Make sure to make citation even in the 2 replies and also your point of view for each paragraph.