Where answer phone equipment is used for reporting and recording of off-premises transactions, it should be:
A) On an special number known only to the chief dealer.
B) On a number located in the office of the internal auditor.
C) Secured so that reported transactions cannot be erased without senior management approval.
D) Secured by recordings that are stored for a suitable period.

Question

Quizplus · Accepted Answer

The equipment should be secured to ensure that reported transactions cannot be erased without senior management approval, maintaining the integrity and accountability of the transaction records.

Where Answer Phone Equipment Is Used for Reporting and Recording