Yes, it seems ok and actually this fuse would do the trick not battery terminal, WHY...
It's same like computer CPU, To reset computer CPU master configuration, you need to take jumper out switching computer off doesn't reset otherwise every time you off computer it should reset.
There may be inbuilt standby power supply capacitor for this and it uses very low current like cells. AND yes in computer if you don't take jumper out , take the cell of motherboard.
So this would be it, but identify the physical position rightly...