Agency
The duty of 'accounting' in a fiduciary relationship requires the agent to:
AProvide audited financial statements to the client annually
BAccurately report and account for all money and property received in connection with the agency✓ Correct
CFile tax returns on behalf of the client
DMaintain a separate CPA firm for real estate transactions
Explanation
The fiduciary duty of accounting requires the agent to account for all funds and property received in the course of the agency and to promptly remit money owed to the client.
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