8. Which of the following measures would not reduce the possibility of "gaming the budgetary system? a. Standards b. Benchmarks C. Industry data d. Bonuses e. Peer companies 9. Who has the responsibility of controlling efficiency variances? a. Workers b. Managers C. Board of Directors d. Everyone e. Accountants 10. Variable costing and absorption costing report different operating income TRUE FALSE 11. Variable costing and absorption costing differ in how they account for: a. Fixed manufacturing costs b. Fixed overhead costs c. Variable manufacturing costs d. Variable manufacturing costs e. Manufacturing overhead costs 12. ABC systems are primarily used for inventory valuation. TRUE FALSE