Agency
The duty of 'accounting' in a fiduciary relationship requires the agent to:
AFile the client's taxes
BKeep accurate records of all funds received and disbursed on the client's behalf✓ Correct
CProvide the client with monthly financial statements
DEnsure the client qualifies for a mortgage
Explanation
The duty of accounting requires an agent to maintain accurate records of all funds, property, and documents received on behalf of the client and to promptly account for them. This includes proper handling of earnest money and trust funds.
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