Question: Which of the following is not an example of budgetary slack? Multiple choice question. Submitting a budget for utilities of $2,500 when costs are expected to be $2,200. Submitting an estimate for salary increases of 2% when the union is requesting a 3% increase. Projecting revenues of $9,000 when current expectations are $10,000. Basing budgeted sales revenue on past sales without regard to improving sales trends and economic outlook.