2026 VA LRR – PRENEED EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY GRADED
A+
Terms in this set (26)
10% of funds may be retained by trust
the contract provider when the
contract is funded by a _____account.
Contract providers, i.e. funeral chronological; alphabetical
homes, must keep a listing of all
preneed contracts in ______________ OR
_______________ order.
The funeral home's listing of 1. name of the contract buyer
preneed contracts shall include 2. name of the contract beneficiary
these 6 things: 3. date the contract was made
4. how the contract was funded, where the
contract was funded, and where the funds are
maintained
5. whether or not up to 10% of funds are retained
by the contract provider, if funded through a trust
account
6. whether funeral goods and supplies are stored
for the contract buyer
, If a contract provider that sells 1. The VA Board of Funeral Directors and
preneed discontinues its business Embalmers
operations, by closure or by 2. each existing contract buyer
change in ownership, who must be
notified in writing? (2 answers)
A closing firm must provide the current list of preneed contracts
Board with a _______________ at the time
of closure. (5 words)
If a firm changes ownership, and does; 90
the new firm _________ (does/does
not) intend to honor existing
contracts, it must notify its preneed
contract buyers within _______ days of
the change in ownership via a
publication of general circulation.
If a firm changes ownership, and does not; 90
the new firm _________ (does/does
not) intend to honor existing
contracts, it must notify its preneed
contract buyers within _______ days of
the change in ownership
individually in writing.
ACTUAL QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY GRADED
A+
Terms in this set (26)
10% of funds may be retained by trust
the contract provider when the
contract is funded by a _____account.
Contract providers, i.e. funeral chronological; alphabetical
homes, must keep a listing of all
preneed contracts in ______________ OR
_______________ order.
The funeral home's listing of 1. name of the contract buyer
preneed contracts shall include 2. name of the contract beneficiary
these 6 things: 3. date the contract was made
4. how the contract was funded, where the
contract was funded, and where the funds are
maintained
5. whether or not up to 10% of funds are retained
by the contract provider, if funded through a trust
account
6. whether funeral goods and supplies are stored
for the contract buyer
, If a contract provider that sells 1. The VA Board of Funeral Directors and
preneed discontinues its business Embalmers
operations, by closure or by 2. each existing contract buyer
change in ownership, who must be
notified in writing? (2 answers)
A closing firm must provide the current list of preneed contracts
Board with a _______________ at the time
of closure. (5 words)
If a firm changes ownership, and does; 90
the new firm _________ (does/does
not) intend to honor existing
contracts, it must notify its preneed
contract buyers within _______ days of
the change in ownership via a
publication of general circulation.
If a firm changes ownership, and does not; 90
the new firm _________ (does/does
not) intend to honor existing
contracts, it must notify its preneed
contract buyers within _______ days of
the change in ownership
individually in writing.
