Technician a Says the Inertia Switch Has a Reset Button

question 16

Multiple Choice

Technician A says the inertia switch has a reset button that must be depressed for at least one second before the pump will operate again. Technician B says the inertia switch is triggered by the ABS control module. Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

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Definitions:

Total Cost of Borrowing

The entire amount that a borrower pays for a loan, including interest, fees, and any other charges.

Premium on Bonds Payable

The amount by which the bond's selling price exceeds its face value, reflecting higher interest or less risk as perceived by investors.

Face Value

The nominal or dollar value printed on a bond, note, or other financial instrument, representing the amount due at maturity.

Journal Entry

A record in the books of accounts that represents a business transaction, including information about debit and credit entries.