Limitation of individuals role in working with real estate


Question: Which of the following represents a limitation of an individual's role in working with real estate trust accounts? Question Answer a. Inability to perform any transactions without the consent of the agency head. b. Inability to perform audits on the trust accounts. c. Inability to view the balance in the trust accounts. d. Inability to receive and bank trust moneys.

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Accounting Basics: Limitation of individuals role in working with real estate
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