NONRECURRING is an income statement item that is infrequent in occurrence or unusual in nature.
FLOAT MANAGEMENT is to manage depository or checking accounts that do not have any returns associated with them, i.e. it is poor stewardship to leave too much money in checking accounts or other locations that do not maximize returns on that cash, i.e. do not or minimally earn interest income.
CPE is Continuing Professional Education.
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