It is still used CP. Bearing is used as the direction to a waypoint referenced from north. You will get bearing information whenever you use the GoTo function of the cursor in a Humminbird unit.
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I just checked several different operations manuals and bearing is in every one of them. I don’t know if it has always been in there (older versions may or may not have had it).
This stuff is jogging my memory. Like compensating for magnetic declination.