Indiana License Law
Which Indiana state agency has the authority to conduct audits of real estate broker trust accounts?
AThe Indiana Department of Revenue
BThe Indiana Professional Licensing Agency (IPLA) and the Indiana Real Estate Commission✓ Correct
CThe Federal Deposit Insurance Corporation (FDIC)
DThe Indiana Attorney General's office only
Explanation
IPLA and the Indiana Real Estate Commission have authority to audit broker trust accounts to ensure proper handling of client funds and compliance with license law.
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