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CCEP Glossary Questions with Complete Solutions Graded A+
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CCEP Glossary Questions with Complete Solutions Graded A+
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CCEP GlossaryQuestions with
Complete Solutions
Graded A+
Denning [Date] [Course title]
,Accounting and Auditing Enforcement Releases (AAER) - Correct Ans: Financial reporting related
enforcement actions concerning civil lawsuits brought by the Commission in federal court and notices
and orders concerning the institution and/or settlement of administrative proceedings.
Accredited Investors - Correct Ans: Term used by the SEC under Regulation D to refer to investors who
are financially sophisticated and have a reduced need for the protection provided by certain
government filings.
American Institute of Certified Public Accountants - Correct Ans: Member association representing the
accounting profession - sets ethical standards, auditing standards, and develops the CPA exam.
American Payroll Association - Correct Ans: Professional association for individuals responsible for
processing company payrolls
American Recovery and Reinvestment Act of 2009 (ARRA) - Correct Ans: Commonly referred to as the
Stimulus or Recovery Act: An economic stimulus package with the goals of creating new jobs and saving
existing ones, spurring economic activity and investment in long-term growth, and to foster
unprecedented levels of accountability and transparency in government spending
Americans with Disabilities Act (ADA) - Correct Ans: Prohibits discrimination against people with
disabilities in employment, transportation, public accommodation, communications, and governmental
activities.
Annual Report - Correct Ans: Comprehensive report on a company's activities throughout the preceding
year.
Anti Boycott laws - Correct Ans: Laws that encourage or require US firms not to participate in foreign
boycotts that the US does not sanction.
Anti-Money Laundering (AMI) - Correct Ans: A set of procedures, laws or regulations designed to stop
the practice of generating income through illegal actions.
Anti-Kickback Law - Correct Ans: Prohibits the solicitation, receiving, offering, or paying of any
remuneration directly or indirectly in cash or in kind in exchange.
, Antitrust - Correct Ans: Of or relating to legislation preventing or controlling trusts or other monopolies,
with the intention of promoting competition in business.
Arbitration - Correct Ans: The submission of a dispute to an unbiased third person designated by the
parties to the controversy, who agree in advance to comply with the award—a decision to be issued
after a hearing at which both parties have an opportunity to be heard.
Asian-Pacific Economic Cooperation (APEC) - Correct Ans: The Asia-Pacific economic forum supports
sustainable economic growth and prosperity in the Asia-Pacific region by turning policy goals into
concrete results and agreements into tangible benefits. Current members are Australia, Brunei
Darussalam, Canada, Chile, People's Republic of China, Hong Kong China, Indonesia, Japan, Republic
Korean, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, The Philippines, Russia, Singapore,
Chinese Taipei, Thailand, The United States, and Viet Nam.
Assistant U.S. Attorney - Correct Ans: US prosecutors who investigate criminal cases and prosecute the
suspects.
Association of Certified Fraud Examiners (ACFE) - Correct Ans: Anti-fraud organization and provider of
anti-fraud training and education. The mission is to reduce the incident of fraud and white-collar crime
and to assist the Membership in fraud detection and deterrence.
Association of Corporate Counsel (ACC) - Correct Ans: The in-house bar association for professional
corporate counsel who practice in legal departments globally.
Attestation - Correct Ans: The affirmation by signature, usually on a printed form, that the action
outlined has been accomplished by the individual signing; e.g., the individual has read the code of
conduct and agreed to adhere to its principles.
Attorney-Client Privilege - Correct Ans: A legally accepted policy that communication between a client
and attorney is confidential in the course of the professional relationship and that such communication
cannot be disclosed without the consent of the client. Its purpose is to encourage full and frank
communication between attorneys and their clients.
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