4/29/26, 10:07 AM VA LRR - Preneed EXAM Questions and Answers (Verified Answers) Study Guide (latest version verified for accuracy) | 2025\202…
VA LRR - Preneed EXAM Questions and Answers
(Verified Answers) Study Guide (latest version
verified for accuracy) | 2025\2026 Latest!!
Save Groups
Terms in this set (26)
10% of funds may be retained by the trust
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 preneed 1. name of the contract buyer
contracts shall include these 6 things: 2. name of the contract beneficiary
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
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, 4/29/26, 10:07 AM VA LRR - Preneed EXAM Questions and Answers (Verified Answers) Study Guide (latest version verified for accuracy) | 2025\202…
If a contract provider that sells 1. The VA Board of Funeral Directors and
preneed discontinues its business Embalmers
operations, by closure or by change 2. each existing contract buyer
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 the does; 90
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 the does not; 90
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.
A preneed contract needs to contain 1. date of the contract
the following 4 things: 2. whether or not the price of supplies and services
purchased is guaranteed
3. the appointee agreement, if applicable
4. signatures of the contract seller and the contract
buyer
https://quizlet.com/1174187264/va-lrr-preneed-exam-questions-and-answers-verified-answers-study-guide-latest-version-verified-for-accuracy-202520… 2/8
VA LRR - Preneed EXAM Questions and Answers
(Verified Answers) Study Guide (latest version
verified for accuracy) | 2025\2026 Latest!!
Save Groups
Terms in this set (26)
10% of funds may be retained by the trust
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 preneed 1. name of the contract buyer
contracts shall include these 6 things: 2. name of the contract beneficiary
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
https://quizlet.com/1174187264/va-lrr-preneed-exam-questions-and-answers-verified-answers-study-guide-latest-version-verified-for-accuracy-202520… 1/8
, 4/29/26, 10:07 AM VA LRR - Preneed EXAM Questions and Answers (Verified Answers) Study Guide (latest version verified for accuracy) | 2025\202…
If a contract provider that sells 1. The VA Board of Funeral Directors and
preneed discontinues its business Embalmers
operations, by closure or by change 2. each existing contract buyer
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 the does; 90
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 the does not; 90
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.
A preneed contract needs to contain 1. date of the contract
the following 4 things: 2. whether or not the price of supplies and services
purchased is guaranteed
3. the appointee agreement, if applicable
4. signatures of the contract seller and the contract
buyer
https://quizlet.com/1174187264/va-lrr-preneed-exam-questions-and-answers-verified-answers-study-guide-latest-version-verified-for-accuracy-202520… 2/8
