If an auditor visits a broker's office in Ohio, how many years of records are required?

Answer A is incorrect because one year of records would be wholly insufficient to support meaningful regulatory oversight or to resolve disputes arising from transactions that may not surface as complaints until months or years after closing, and Ohio law does not recognize a one-year retention period for broker records.

Answer B is incorrect because two years is not the standard set by Ohio Administrative Code for broker record retention — while some jurisdictions use a two-year standard, Ohio specifically requires three years, and selecting two years on the exam would demonstrate a failure to know Ohio's specific statutory requirement.

Answer D is incorrect because four years exceeds Ohio's mandated minimum retention period of three years — while a broker could choose to keep records longer than required, the legal minimum and the answer the exam tests is three years, not four.