EIC CMP Glossary Terms Questions with Accurate
Answers.
24- Hour Hold - Correct Answer-A term used to describe the type of reservation made on
function space within a venue. An event organizer who has 24-hour hold on a space has
exclusive use and access to that space for a period of 24-hours, usually 00:00-23:59
6-by-6 Rule - Correct Answer-Audiovisual guidelines by which presentation slide should
contain more than six words per line of text and no more than six lines of text.
Abstract - Correct Answer-1) Written summaries of speeches or papers, generally
between 200-500 words.
2) A brief statement of content AKA Call for Papers
Abstract Board - Correct Answer-Freestanding or rolling boards, typically 4'X8' used for
attaching copies of research papers for authors to discuss with participants.
See Poster Board and Poster Session
Acceleration Clause - Correct Answer-A provision sometimes used in contracts to
accelerate deposit payment schedule or to demand full prepayment of master account in
the event of a default of lack of credit by the purchasing organization. Primarily used in
North America
Acceptance - Correct Answer-A requirement for entering into a binding contract. If a
contract proposal (offer) is made, it is accepted if the offeree signs the offer as submitted.
If the offeree makes any changes to the offer before signing, it is a counter offer, not
acceptance
Accepted Practices Exchange (APEX) - Correct Answer-Now known as Industry Insights:
an initiative of the meetings, conventions, and exhibitions industry managed by the EIC.
The industry insights committee develops and manages the implementation of accepted
practices (voluntary standards) for the industry. Formerly the Accepted Practices
Exchange (APEX)
, Accessible - Correct Answer-Usable by people with disabilities
Accommodation - Correct Answer-1) any seat, berth, room, or service provided and/or
sold to a guest, attendee, or passenger
2) Action taken to allow a person with a disability to participate in an event
Accreditation - Correct Answer-official authoization or approval to 1) provide with
credentials. 2) recognize or verify the act of conforming with a standard. 3) Recognize a
post-secondary institution or degree-bearing programme as satisfying and maintaining
academic standards
Accrual Accounting - Correct Answer-1) An accounting method that enters income and
expense into the books at the time of contract versus when payment is received or
expenses incurred (cash accounting)
2) A system in which revenue and expenses are accounted for as soon as they are
committed. Compare with CASH ACCOUNTING
Act of God - Correct Answer-An extraordinary natural disaster such as extreme weather,
flood, hurricane, tornado, earthquake, etc. that cannot be reasonably foreseen or
prevented and over which a contracting party has no reasonable control. The occurrence
makes performance of the contract illegal, impracticable or impossible, leaving the
contract parties with no legal responsibility to continue performance of the contract.
SEE Force Majeure
Action Station - Correct Answer-Chefs prepare foods to order and serve them fresh to
guests. Also called Performance Stations, Carving Stations, or Exhibition Cooking.
Actual weight - Correct Answer-Also known as gross shipping weight. Determined by 1)
weighing a vehicle empty, 2) loading a shipment and returning the vehicle to the scale to
obtain the new weight, and 3) subtracting the empty from the loaded weight. Can also be
obtained by individually weighing each pieve of freight.
See GROSS WEIGHT, TARE WEIGHT
Answers.
24- Hour Hold - Correct Answer-A term used to describe the type of reservation made on
function space within a venue. An event organizer who has 24-hour hold on a space has
exclusive use and access to that space for a period of 24-hours, usually 00:00-23:59
6-by-6 Rule - Correct Answer-Audiovisual guidelines by which presentation slide should
contain more than six words per line of text and no more than six lines of text.
Abstract - Correct Answer-1) Written summaries of speeches or papers, generally
between 200-500 words.
2) A brief statement of content AKA Call for Papers
Abstract Board - Correct Answer-Freestanding or rolling boards, typically 4'X8' used for
attaching copies of research papers for authors to discuss with participants.
See Poster Board and Poster Session
Acceleration Clause - Correct Answer-A provision sometimes used in contracts to
accelerate deposit payment schedule or to demand full prepayment of master account in
the event of a default of lack of credit by the purchasing organization. Primarily used in
North America
Acceptance - Correct Answer-A requirement for entering into a binding contract. If a
contract proposal (offer) is made, it is accepted if the offeree signs the offer as submitted.
If the offeree makes any changes to the offer before signing, it is a counter offer, not
acceptance
Accepted Practices Exchange (APEX) - Correct Answer-Now known as Industry Insights:
an initiative of the meetings, conventions, and exhibitions industry managed by the EIC.
The industry insights committee develops and manages the implementation of accepted
practices (voluntary standards) for the industry. Formerly the Accepted Practices
Exchange (APEX)
, Accessible - Correct Answer-Usable by people with disabilities
Accommodation - Correct Answer-1) any seat, berth, room, or service provided and/or
sold to a guest, attendee, or passenger
2) Action taken to allow a person with a disability to participate in an event
Accreditation - Correct Answer-official authoization or approval to 1) provide with
credentials. 2) recognize or verify the act of conforming with a standard. 3) Recognize a
post-secondary institution or degree-bearing programme as satisfying and maintaining
academic standards
Accrual Accounting - Correct Answer-1) An accounting method that enters income and
expense into the books at the time of contract versus when payment is received or
expenses incurred (cash accounting)
2) A system in which revenue and expenses are accounted for as soon as they are
committed. Compare with CASH ACCOUNTING
Act of God - Correct Answer-An extraordinary natural disaster such as extreme weather,
flood, hurricane, tornado, earthquake, etc. that cannot be reasonably foreseen or
prevented and over which a contracting party has no reasonable control. The occurrence
makes performance of the contract illegal, impracticable or impossible, leaving the
contract parties with no legal responsibility to continue performance of the contract.
SEE Force Majeure
Action Station - Correct Answer-Chefs prepare foods to order and serve them fresh to
guests. Also called Performance Stations, Carving Stations, or Exhibition Cooking.
Actual weight - Correct Answer-Also known as gross shipping weight. Determined by 1)
weighing a vehicle empty, 2) loading a shipment and returning the vehicle to the scale to
obtain the new weight, and 3) subtracting the empty from the loaded weight. Can also be
obtained by individually weighing each pieve of freight.
See GROSS WEIGHT, TARE WEIGHT
