Alaska License LawIntermediateAlaska Exam
An Alaska broker's trust account must be reconciled at least:
AWeekly
BMonthlyCorrect
CQuarterly
DAnnually
Why Monthly Is Correct
Answer B: Monthly
Alaska requires trust accounts to be reconciled monthly. The broker must compare the trust account ledger balances for each client against the actual bank balance to ensure no shortages or overages exist.
Key Alaska License Law Terms in This Question
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Key Terms to Know
Math Concepts
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