Scenario You have been engaged as a consultant by jim Salter, Principal of a new independent agency to set up policies, procedures and systems for running the agency trust accounts Jim has been a very successful salesperson with an established country agency but has had no experience in running a team or in managing the trust accounts. You arrange an initial appointment to discuss the basics of establishing and managing the new trust account. Question 1 Not yet answered Question text Whose responsibility is it to ensure that the agency has clear policies and procedures 'or trust account requirements, auditing, confidentiality of client financial records and evaluating the compliance and effectiveness of manual and electronic records? Question 2 Not yet answered Question text How long does Queensland trust account legislation require trust account records to be kept? Question 3 Not yet answered Question text Who is ultimately responsible for authorizing disbursements and transactions from the trust account