When production levels are expected to decline within a relevant range,what effects would be anticipated with respect to each of the following? 
Definitions:
Discretionary Plan
A flexible compensation strategy that allows employers to determine bonuses or additional pay based on the company's financial performance and individual employee contributions.
Bonus Plan
A form of variable pay where employees receive additional compensation on top of their base salary, typically based on performance or achieving certain targets.
Frequency of Payouts
Refers to how often employees receive their earnings, such as weekly, bi-weekly, monthly, or quarterly.
Bonus Allocation
is the distribution of financial rewards to employees beyond their regular pay, typically based on performance or company profit.
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