Instruction 3-9
Given Below Are the Rating and Performance Scores

question 26

Short Answer

Instruction 3-9
Given below are the rating and performance scores of 15 laptop computers.
$\begin{array}{|l|l|l|l|l|l|l|l|l|l|l|l|l|l|l|}\hline\text { Performance } & 115 & 191 & 153 & 194 & 236 & 184 & 184 & 216 & 185 & 183 & 189 & 202 & 192 & 141 \\\hline \text { Overall } & 74 & 78 & 79 & 80 & 84 & 76 & 77 & 92 & 83 & 78 & 77 & 78 & 78 & 73 \\\text { Rating }&\\\hline\end{array}$
-Referring to Instruction 3-9,you will expect a decrease in the performance score of one laptop computer to be associated with ________.

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Definitions:

Understatement

An error in financial reporting where the value of a figure is reported lower than its actual amount.

Inventory Turnover

A measure of how frequently a company's inventory is sold and replaced over a period.

Cost of Goods Sold

Expenses directly related to manufacturing goods for sale by a business, covering both material and labor expenses.