Examlex
Under IFRS, which of the following would most likely be classified as a current liability?
Converter
A device that changes electrical energy from one form to another, such as AC to DC or vice versa.
DC Bus
A common electrical pathway used in DC power systems, linking the power supply, converters, and the loads.
VFD
A Variable Frequency Drive is a motor controller device that operates an electric motor by adjusting the voltage and frequency provided to it.
Rectifier
An electrical device that converts alternating current (AC) to direct current (DC), allowing the flow of charge in one direction only.
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