Practice Of Real EstateLicense LawHARD
On a North Carolina exam item about record retention, transaction files, and trust records, which concept is being defined? Use the description below. Description: The North Carolina recordkeeping feature that allows a reviewer to trace each receipt, deposit, ledger entry, and disbursement
Correct Answer
C) Audit trail recordkeeping
Audit trail
Answer Options
A
Excise stamp tax entryB
BICUP education creditC
Audit trail recordkeepingD
Reasonable accommodationWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
audit trailtrust account traceabilityreceipt to disbursementNCREC recordkeepingtransaction documentation
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