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Instructions: Identify the Following Term(s)

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Instructions: Identify the following term(s).
soviets

Understand data representation in computer systems, including the concept of bytes and bits.
Know the functions and components of collision mitigation systems (CMS).
Identify components used in truck systems for switching output circuit devices.
Recognize the most recent truck data bus systems.

Definitions:

Write-Offs

A reduction in the value of an asset or earnings by the amount of an expense or loss, usually deemed uncollectible by any business; charges that are deemed uncollectible by any business.

Uncollectible Charges

Fees for goods or services provided that are not expected to be paid by the customer, often written off as bad debts by the business.

Retained Earnings

Profit accumulated over time by a company, after dividend payments to shareholders, which is reinvested in its business.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

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