COMPLIANCE PANEL Definition

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COMPLIANCE PANEL is a multi-member committee chartered to investigate conformance to laws, rules or regulations. On many occasions they may be empowered by government agencies to make rulings as to compliance or non-compliance of any entity under their perusal.

Learn new Accounting Terms

TRANSFER PRICE is the price charged by an individual entity in a multi-entity corporation on transactions among the entities involved.

RECEIPT is a written acknowledgment that a specified article, sum of money, or shipment of merchandise has been received.

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