ASSESSMENT TASK 3 - Research Project 1. You are required to research trust accounting requirements in Western australia. These requirements will form the basis of a risk management plan: a. to address the risks associated with trust accounts b. to establish and monitor risk controls associated with the management and operation of a trust account c. including strategies to implement the plan 2. You are required to research and analyse the legislation governing real estate practice and any current issues that pose risks to compliant trust account practices in Western Australia. You need to identify five (5) general risks and two (2) risks of fraud that must be addressed to ensure an agency is operating in accordance with the legislation. 3. To complete your assessment: a. Use the learner resources provided b. Undertake independent research c. Complete the risk management plan in full using the template below (Hint: there is usually more than one (1) control and there can be more than one (1) monitoring and implementation strategy for each risk) 4. You must include all references and links to all webpages, documents, and sources of information used to compile your risk management plan, with a brief explanation on how the information gathered from the sources informed your: a. identification of the risks or b. choice of monitoring and/or implementation strategy. 5. Regarding references: a. Legislation must include the name of the Act, the relevant Part, Secti