Capitalization of interest results in interest being added to a fixed asset instead of expensed

Overallocated manufacturing overhead is adjusted by debiting the Cost of Goods Sold account

Indicate whether the statement is true or false

A student who has skipped many classes and not studied the course material was surprised to learn there was a test when he showed-up for class. The student's mental uncertainty about whether or not he will pass the test is called

A) objective risk. B) objective probability. C) subjective probability. D) subjective risk.