In Australia

1) Explain the requirements for having the authority to sign cheques or EFT for payments from the trust accounts? (200 - 350)

2) The licensee is responsible for the security of trust accounts. Discuss four strategies for ensuring the privacy, safety and confidentiality of clients' funds, trust account documents and agency forms. (50-120)

3) Explain the requirements for maintaining trust accounting records by a computer system.Provide at least three (3) points. (100-120)

4) Discuss how password security and electronic tracking of transactions assist in the security and maintenance of the trust accounts. (words: 30-40)