1i]. Bonuses, sick leave, and employee meals are examples of a. Payroll allocations b. Payroll tastes c. Salary deductions d. Taitfree income 11. Which of the following is not part of the operations budget monitoring process? a. Compare actual results to the operations budget b. Use a bidding process to ensure the best price c. Identify significant variances d. Take corrective action or modify the budget 12. Which of the following is not a characteristic of an effective management control system? a. Emphasis on protecting company assets b. Placing a trusted employee in charge of all nancial transactions c. Cost effectiveness d. Separation of responsibiIiiies