The Computer Needs Additional Components Called ____ to Accomplish Its

question 37

Multiple Choice

The computer needs additional components called ____ to accomplish its input, output, and storage functions.

• A) mice
• B) specifications
• C) architecture
• D) peripheral devices

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Definitions:

Overstated

Refers to financial statements or figures being reported as more than their actual or true value.

Cost-to-retail Ratio

A method used to estimate the value of ending inventory and cost of goods sold by comparing the cost of goods available for sale to the retail price of the goods.

Declining Prices

A situation where the prices of goods or assets are decreasing over time, often leading to negative impacts on economies or markets.

Retail Inventory Method

A method of valuing inventory based on the retail price of goods, used primarily in retail sectors for inventory estimation.