Question: This question has me stumped, not sure if I understood it correctly. Have I missed any answers or got them wrong. CPPREP4005 Prepare to work

This question has me stumped, not sure if I understood it correctly. Have I missed any answers or got them wrong.

CPPREP4005 Prepare to work with real estate trust accounts - VIC

Who within established agency processes and legislation has the scope of responsibility for executing the below transactions (credits and debits). Write all corresponding letters in the column, noting that there may be more than one person able to do the task.

A. Licensee-in-charge/Principal Agent

B. Licensed Agent

C. Agent's Representative

D. Receptionist who does not hold a registration or licence

Activity Person able to do the activity

E.G Tenant has paid $500 holding fee A - C

End of month eft payments to landlords and other creditors A

Vendor has paid up-front auction advertising funds A-B

Eft payment to realestate.com for auction advertising A-B

Landlord has paid funds to cover extra repair invoices A-B-D

End of month statements to landlords and other creditors A-B

Purchaser has paid 0.25% deposit A-B

Purchaser has paid balance of deposit A-B

Sale has settled and vendor requires eft payment of deposit held A

Tenant has paid water usage A-B-D

Orders received on settlement allowing agent to pay itself the commission earned on a sale A

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