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An electronic power steering (EPS) system is being discussed. Technician A says if the engine stalls and the ignition switch is on, the EPS remains operational. Technician B says if the steering wheel is turned and held fully in one direction, the power module reduces current flow through the steering gear motor to prevent motor overheating. Who is correct?
IFRS
International Financial Reporting Standards, a set of accounting guidelines that govern how financial statements are prepared worldwide.
GAAP
GAAP stands for Generally Accepted Accounting Principles, which are a set of rules and standards used in financial reporting and accounting in the United States.
Impairment Losses
The decrease in an asset's net carrying value that exceeds its recoverable amount.
Held-to-Maturity
A classification for investment securities that a company intends and has the ability to hold until they mature.
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