What authority does the Division have concerning dealer financial accounts?

The Division has the authority to audit dealer financial accounts, which is essential for ensuring compliance with regulatory standards and maintaining the integrity of the manufactured housing market. This authority is crucial as it allows the Division to monitor financial practices among dealers, ensuring that they adhere to applicable laws and regulations. Audits can help detect any fraudulent activities or operational deficiencies, providing a mechanism to uphold consumer protection and fair business practices within the industry.

The other options do not align with the role of the Division. Providing financial counseling is typically not within the scope of a regulatory body, which focuses more on enforcement and compliance rather than offering direct financial advice. Approving dealer loans conflicts with the Division's role as a regulator, as it would present a conflict of interest to get involved in financial transactions between dealers and lenders. Waiving dealer fees is also outside the typical purview of a regulatory authority, which usually operates on a fee-based structure to sustain its regulatory functions. This highlights why auditing is the correct answer; it reflects the Division's oversight responsibility within the manufactured housing sector.