PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test. Access flashcards and multiple choice questions, each with hints and explanations. Excel in your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How many days does a broker have to respond to a written request for accounting?

10 days
60 days
30 days
5 days

The correct answer is: 10 days

In the context of Oklahoma real estate practices, a broker is required to respond to a written request for accounting within 10 days. This timeframe is established to ensure that both clients and customers have timely access to their financial information, which is critical in maintaining transparency and trust throughout the transaction process. Adhering to this timeline reflects a broker's professional responsibility to act promptly and efficiently in managing clients' funds and accounting inquiries. While the other options suggest longer response times, the specific requirement of a 10-day period reinforces the importance of accountability and the prompt handling of financial matters in real estate transactions.