OKLAHOMA FUNERAL SERVICE COMPREHENSIVE EXAMS
2025/2026 QUESTIONS WITH ANSWERS RATED A+
✔✔A licensee shall obtain from the CE provider proof of attendance at the approved CE
course and shall maintain such documentation for a period of what time? - ✔✔2 years
✔✔An advertisement may not contain: - ✔✔-misrepresentation of facts
-likely to mislead or deceive because in context the statements make only a partial
disclosure of relative facts
-relating to fees without reasonable disclosure of all relevant variables so that the
statement may be misunderstood or be deceptive to lay persons
-any name other than the name of the establishment or individual is licensed as
-using the name "crematory" in conjunction with a funeral establishment or commercial
embalming service when the establishment or embalming service does not hold a
crematory license and the crematory is not located on site
✔✔Title 36 - ✔✔Insurance
✔✔The organization shall not be entitled to enforce a contract made in violation of the
act, but the purchaser or the heirs of the purchaser, or legal representative shall be
entitled to recover..? - ✔✔triple the amount paid to the organization with interest thereon
at a rate of 6% per annum
✔✔On a prepaid funeral when the person dies and the funeral is performed, and the
money is drawn down, any organization receiving the monies so drawn down shall
retain the itemized statement of charges in the files of the organization for at least how
many years? - ✔✔6 years
✔✔Each organization desiring to accept money or anything of value for prepaid funeral
benefits or an agreement to provide funeral benefits in the future at a fixed or
predetermined cost, shall file an application with who? - ✔✔Insurance Commissioner
✔✔How much does an Insurance Commissioner application cost? - ✔✔$50
✔✔When do Insurance Commissioner permits expire? - ✔✔December 31 of the year it
was issued
✔✔No application of renewal for Insurance Commissioner permits shall be accepted
after..? - ✔✔January 31 of each year
✔✔No organization shall be entitled to a new permit for a period of what after
cancellation or refusal by the Insurance Commissioner to issue or renew the permit of
the organization? - ✔✔1 year
, ✔✔The organization may retain what percentage from the first funds collected? -
✔✔10%
✔✔What percentage of the retail price of the outer enclosure collected may be retained
by the organization? - ✔✔35%
✔✔The funds required to be deposited shall be deposited within how many days after
the collection of the funds and shall be held in a trust fund? - ✔✔within 10 days
✔✔Failure to deposit money within 10 days after collection is..? - ✔✔MISDEMEANOR;
up to $500 and/or up to 6 months imprisonment
✔✔The provisions of a contract establishing a fund for prepaid funeral benefits requires
what initial minimum deposit? - ✔✔$25
✔✔How many days after signing a contract does it become officially irrevocable if the
contract was marked irrevocable? - ✔✔30 days
✔✔Each organization shall furnish a bond in the form of what AND in what amount? -
✔✔-cash bond
-letter of credit
-fidelity bond
-$300,000 or 15% of all funds collected, whichever is less
✔✔Operating without a permit or with an invalid permit is..? - ✔✔MISDEMEANOR; up
to $1,000 fine and/or not more than 1 year imprisonment
✔✔The maximum amount of principle that an organization may legally receive from any
one individual for a contract establishing a fund for prepaid funeral benefits is what? -
✔✔$20,000
✔✔After November 1, 2009, all price lists reflecting the actual cost of funeral services
and merchandise used at the time of the delivery of services shall be retained for a
period of at least how many years? - ✔✔6 years
✔✔Each organization shall file an annual report with the Insurance Commissioner on or
before when? - ✔✔March 15 of each year
✔✔Failing to file the Insurance Commissioner report within 30 days after notification by
the Insurance Commissioner is..? - ✔✔MISDEMEANOR
2025/2026 QUESTIONS WITH ANSWERS RATED A+
✔✔A licensee shall obtain from the CE provider proof of attendance at the approved CE
course and shall maintain such documentation for a period of what time? - ✔✔2 years
✔✔An advertisement may not contain: - ✔✔-misrepresentation of facts
-likely to mislead or deceive because in context the statements make only a partial
disclosure of relative facts
-relating to fees without reasonable disclosure of all relevant variables so that the
statement may be misunderstood or be deceptive to lay persons
-any name other than the name of the establishment or individual is licensed as
-using the name "crematory" in conjunction with a funeral establishment or commercial
embalming service when the establishment or embalming service does not hold a
crematory license and the crematory is not located on site
✔✔Title 36 - ✔✔Insurance
✔✔The organization shall not be entitled to enforce a contract made in violation of the
act, but the purchaser or the heirs of the purchaser, or legal representative shall be
entitled to recover..? - ✔✔triple the amount paid to the organization with interest thereon
at a rate of 6% per annum
✔✔On a prepaid funeral when the person dies and the funeral is performed, and the
money is drawn down, any organization receiving the monies so drawn down shall
retain the itemized statement of charges in the files of the organization for at least how
many years? - ✔✔6 years
✔✔Each organization desiring to accept money or anything of value for prepaid funeral
benefits or an agreement to provide funeral benefits in the future at a fixed or
predetermined cost, shall file an application with who? - ✔✔Insurance Commissioner
✔✔How much does an Insurance Commissioner application cost? - ✔✔$50
✔✔When do Insurance Commissioner permits expire? - ✔✔December 31 of the year it
was issued
✔✔No application of renewal for Insurance Commissioner permits shall be accepted
after..? - ✔✔January 31 of each year
✔✔No organization shall be entitled to a new permit for a period of what after
cancellation or refusal by the Insurance Commissioner to issue or renew the permit of
the organization? - ✔✔1 year
, ✔✔The organization may retain what percentage from the first funds collected? -
✔✔10%
✔✔What percentage of the retail price of the outer enclosure collected may be retained
by the organization? - ✔✔35%
✔✔The funds required to be deposited shall be deposited within how many days after
the collection of the funds and shall be held in a trust fund? - ✔✔within 10 days
✔✔Failure to deposit money within 10 days after collection is..? - ✔✔MISDEMEANOR;
up to $500 and/or up to 6 months imprisonment
✔✔The provisions of a contract establishing a fund for prepaid funeral benefits requires
what initial minimum deposit? - ✔✔$25
✔✔How many days after signing a contract does it become officially irrevocable if the
contract was marked irrevocable? - ✔✔30 days
✔✔Each organization shall furnish a bond in the form of what AND in what amount? -
✔✔-cash bond
-letter of credit
-fidelity bond
-$300,000 or 15% of all funds collected, whichever is less
✔✔Operating without a permit or with an invalid permit is..? - ✔✔MISDEMEANOR; up
to $1,000 fine and/or not more than 1 year imprisonment
✔✔The maximum amount of principle that an organization may legally receive from any
one individual for a contract establishing a fund for prepaid funeral benefits is what? -
✔✔$20,000
✔✔After November 1, 2009, all price lists reflecting the actual cost of funeral services
and merchandise used at the time of the delivery of services shall be retained for a
period of at least how many years? - ✔✔6 years
✔✔Each organization shall file an annual report with the Insurance Commissioner on or
before when? - ✔✔March 15 of each year
✔✔Failing to file the Insurance Commissioner report within 30 days after notification by
the Insurance Commissioner is..? - ✔✔MISDEMEANOR
