Manufacturing overhead includes all manufacturing costs, such as direct labor and direct materials

What is the key advantage of the Sole Proprietorship, beyond the simplicity of the commencement of the operation?

A. the sole proprietor is 100% personally exposed to the liabilities incurred by the business B. the sole proprietor has 100% control of the business C. the skill set of the business is limited to the skills possessed by the sole proprietor D. no real creation of a separate legal business entity E. limited to their personal capacity to invest and/or borrow money

________ refers to the manner in which consumers code, categorize, and evaluate financial outcomes of choices

A) Cost accounting B) Financial accounting C) Behavioral accounting D) Mental accounting E) Factual accounting