Prior to OBD II, Most Automotive PCMs Used an Unalterable

question 12

True/False

Prior to OBD II, most automotive PCMs used an unalterable programmable read-only memory (PROM).

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Definitions:

Accounting Policies

Specific convictions, understructures, modes, prescriptions, and regimens enacted by an entity for the generation and proclamation of financial analyses.

Market Efficiency

The concept that all available information is fully reflected in securities' prices, making it impossible to consistently achieve higher returns without taking on additional risk.

Abnormal Returns

Returns on a security that exceed what is predicted by market models, often attributed to unforeseen events or information.

Publicly Available Information

Information that is accessible to the general public, including but not limited to financial reports, press releases, and government documents.