Minnesota State Mortician Practice Exam

What is the minimum record retention period for the statement of funeral goods and services?

1. 1 year

2. 2 years

3. 3 years

4. 5 years

The correct answer is: 3 years

The minimum record retention period for the statement of funeral goods and services is three years. This requirement aligns with the Federal Trade Commission's Funeral Rule, which mandates that funeral providers retain certain records to ensure transparency and consumer protection. These records provide important documentation for transactions, allowing for accountability and the ability to resolve any disputes that may arise after the service has been provided. Retaining these records for three years ensures that the funeral home can comply with regulations and address any inquiries about the services offered or the pricing provided. It serves as a safeguard for both the funeral provider and the families served, as well as contributing to ethical business practices within the industry. Understanding this retention period is crucial for compliance with state and federal regulations governing funeral services.