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Wendy,

That is a great practice. During the periods in my FA career that I managed a campus FA/Business Office that was the method I selected to utilize. Inspect what you expect - you have to monitor the files to ensure compliance and proper documentation. An audit can be scary and we are human and miss things but the key is to ensure that that the overall process is accurate and documented.

Sincerely,

Chyrl Ayers

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