Sorry, I disagree.
I've never seen a "home" EQ with buttons labeled as described.
Mine (from days past) have all been labeled with terms like EQ Bypass, EQ Record, Tape Mon 1, Tape Mon 2, Dubbing 1>2, Dubbing 2>1, etc.
None of the post EQ, pre EQ sort of thing like I've seen on pro gear. Of course, I have not seen all EQs, but I have seen quite a few.
Anyway, it's minor quibbling over terms. Hopefully AudioBeginner is off listening to his equalized tunes.
Just because there is a knob doesn't mean you should turn it.