FHLMC Definition

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FHLMC see FEDERAL HOME LOAN MORTGAGE CORPORATION.

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INSURANCE BROKER is a specialized broker who secures insurance business and places it with recognized underwriters.

AUDIT SCOPE refers to the activities covered by an internal audit. Audit scope includes, where appropriate: audit objectives; nature and extent of auditing procedures performed; Time period audited; and related activities not audited in order to delineate the boundaries of the audit.

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