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If any input signal changes state very quickly, it is possible that the controller may never be able to detect the change.
Understated
A term describing a figure reported in financial statements that is lower than the actual figure.
Estimated Cost
An approximation of the financial expenditure associated with a project, operation, or transaction, often used for budgeting purposes.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated for cost of goods sold determination.
Gross Profit
The difference between sales and the cost of goods sold, indicating the profitability of a company's core business activities.
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