Which of the following is a characteristic of a corporation? a. Professional managers are hired by the board of directors.
b. It is an independent legal entity on its own.
c. Its owners bear no personal responsibility for the debts of the business.
d. All of these choices are correct.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

answer(b) equal; set period;

answer casual models;