A Computer Is an Electronic Device That Receives Data (Input)

question 27

True/False

A computer is an electronic device that receives data (input), processes data, stores data, and produces a result (output).

Understand the nature of relationships during adolescence and how they evolve.

Identify the impact of peer relationships on adolescent development.

Learn about Erik Erikson's theory of psychosocial development and its applications.

Recognize the factors influencing the initiation of dating during adolescence.

---

Definitions:

Sales Revenue

Sales revenue refers to the income received from the sale of goods or services before any costs or expenses are deducted, serving as a primary source of business income.

Retail Inventory Method

An accounting technique used by retailers to estimate inventory costs by applying a consistent gross margin percentage to the retail price of the goods.

Shrinkage

The reduction in inventory mainly due to shoplifting, employee theft, or other errors.

Physical Count

The process of manually counting and verifying the actual inventory in a business at a specific point in time.