Examlex
Which "circumstances" listed below would be considered to be an ACE?
Audit
A systematic examination and evaluation of financial records or transactions of an entity to ensure accuracy, compliance with standards, or regulations.
Investment
The allocation of resources, such as capital or time, in expectation of generating a future return or benefit.
Corporate Social Responsibility
Refers to business practices involving initiatives that benefit society and demonstrate care for the environmental and social impacts of a company's operations.
Credit Risk
The risk that a borrower will not repay a loan according to the terms, leading to a financial loss for the lender.
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