A buyer representative in Huntersville is updating the policy manual on trust account reconciliation, audit trail, and account designation. Which statement best applies under current North Carolina law?
Correct Answer
B) Negative ledger balances, unexplained math errors, or unresolved shortages are warning signs of trust account noncompliance.
Negative ledger balances, unexplained math errors, or unresolved shortages are warning signs of trust account noncompliance.
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