_____________________ mandate that an employee may not be discriminated against based on race, creed, sex, age, or national origin

Corporation substitutes itself for its ________________ when conducting corporate business or incurring liability. Its authority to act and its liability are separate from the owners.

Fill in the blank(s) with the appropriate word(s).

Which of the following is true of current assets?

A) The time of conversion of current assets to more liquid form is relatively unpredictable. B) They are used to fund long-term operations and pay long-term expenses. C) They are more profitable because they add more value to the product than that provided by fixed assets. D) They are sources of short-term financing for a firm.