Step 1 :The given function is \(f(x) = |x|\).
Step 2 :When the graph of a function is shifted down by a units, the new function becomes \(f(x) - a\).
Step 3 :When the graph of a function is shifted to the right by b units, the new function becomes \(f(x - b)\).
Step 4 :So, when the graph of \(f(x) = |x|\) is shifted down 10 units and to the right 12 units, the new function becomes \(|x - 12| - 10\).
Step 5 :Final Answer: The formula for the function \(g(x)\) obtained when the graph of \(f(x)=|x|\) is shifted down 10 units and to the right 12 units is \(\boxed{g(x) = |x - 12| - 10}\).