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Who within the agency has the scope of responsibility for executing the below transactions?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 AgentB. Licensed AgentC. Agent's RepresentativeD. Receptionist who does not hold a registration or licenceActivity Person able to do the activityReceipt $1500 bond paid by tenant A - CDisburse payment via EFT (Electronic Funds Transfer) to Rental Provider (landlord) for rent received AReceipt funds received from vendor for upfront marketing costs A, CDisburse payment via EFT (Electronic Funds Transfer) to realestate.com for advertising. Select…Receipt funds paid by landlord to cover extra repair costs Select…Process EOM (End of Month) Rental Provider (landlord) statement Select…Receipt payment of 0.25% deposit from purchaser Select…Receipt payment of deposit balance from purchaser Select…Disburse payment to vendor upon settlement of deposit held with agency Select…Receipt funds paid by tenant for water usage Select…Payment to agent for commission earned on a sale at settlement Select…

Question

Who within the agency has the scope of responsibility for executing the below transactions?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 AgentB. Licensed AgentC. Agent's RepresentativeD. Receptionist who does not hold a registration or licenceActivity Person able to do the activityReceipt $1500 bond paid by tenant A - CDisburse payment via EFT (Electronic Funds Transfer) to Rental Provider (landlord) for rent received AReceipt funds received from vendor for upfront marketing costs A, CDisburse payment via EFT (Electronic Funds Transfer) to realestate.com for advertising. Select…Receipt funds paid by landlord to cover extra repair costs Select…Process EOM (End of Month) Rental Provider (landlord) statement Select…Receipt payment of 0.25% deposit from purchaser Select…Receipt payment of deposit balance from purchaser Select…Disburse payment to vendor upon settlement of deposit held with agency Select…Receipt funds paid by tenant for water usage Select…Payment to agent for commission earned on a sale at settlement Select…

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Solution

Activity Person able to do the activity
Receipt $1500 bond paid by tenant A - C
Disburse payment via EFT (Electronic Funds Transfer) to Rental Provider (landlord) for rent received A
Receipt funds received from vendor for upfront marketing costs A, C
Disburse payment via EFT (Electronic Funds Transfer) to realestate.com for advertising. A
Receipt funds paid by landlord to cover extra repair costs A, C
Process EOM (End of Month) Rental Provider (landlord) statement A
Receipt payment of 0.25% deposit from purchaser A, C
Receipt payment of deposit balance from purchaser A, C
Disburse payment to vendor upon settlement of deposit held with agency A
Receipt funds paid by tenant for water usage A - C
Payment to agent for commission earned on a sale at settlement A

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