DUE DILIGENCE Definition

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DUE DILIGENCE usually refers to an internal audit of a target firm by an acquiring firm.

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FCPA, in Australia and elsewhere, is Fellow Certified Practicing Accountant. In the USA, see FOREIGN CORRUPT PRACTICES ACT.

RATE BASE is the value of a regulated public utility and its operations as defined by its regulators and on which the company is allowed to earn a particular rate of return.

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