Examlex
Which of the following describes sleep mode for a computer?
Closing Inventories
The total value of unsold goods and materials that a company holds at the end of its financial year, which is recorded as a current asset in the balance sheet.
Product Obsolescence
Occurs when a product becomes outdated and is no longer needed or wanted by consumers, often due to technological advances.
Physical Deterioration
The gradual loss of an asset's functional utility or value due to wear and tear or aging.
Material Wastage
The unwanted or unusable materials produced during a manufacturing or consumption process. It reflects inefficiency and can impact operational costs.
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