refers to a manager's When it comes to pointing fingers, it is essential to remember these key distinctions: rights, refers to their duties, and refers to a causal attribution. Choose the set of answers that properly completes the sentence. blame: authority, responsibility authority, responsibility, blame authority, blame, responsibility responsibility, authority; blame responsibility: blame: authority Firms that place a high priority on responding quickly to surprises through management-by-exception should use standards stretch minimum none of the above practical When creating a production and purchasing budget, which item needs to be budgeted first? Raw materials to purchase Sales (in units) Labor (in hours) Production (in units) Many companies try to to organize their business into_ centers, because they can hold the manager of each responsibility center accountable for the entire performance within his/her responsibility center. The problem with the other three types of responsibility centers is that excuses are so easy to come by: "I didn't have the resources I needed". "Another department drove up costs," or "Another department didn't sell enough." With (same word as before) centers, the manager has authority over revenue, costs, and investments. Choose the word that appropriately fills in the blanks profit cost investment revenue