Which statement is true regarding the General Price List?

Which statement is true regarding the General Price List?

• A. It can be given verbally only
• B. It must contain itemized pricing for services
• C. It is optional for funeral homes to provide
• D. It is only required for cremations

Answer: (B)

The General Price List (GPL) is a crucial component in the funeral industry, as it outlines the fees associated with various services and ensures transparency for consumers. The requirement for itemized pricing in the GPL is mandated by the Federal Trade Commission's Funeral Rule, which aims to protect consumers by allowing them to make informed decisions regarding funeral services. By including detailed pricing for each service, the GPL enables families to compare options clearly and understand the costs associated with the services they are considering. Additionally, since the GPL is required and must reflect all the services offered by the funeral home, this reinforces the importance of itemization, allowing consumers to see exactly what they are paying for. Thus, a comprehensive and itemized GPL is essential for compliance with regulatory standards and to maintain ethical business practices in the funeral industry.

The General Price List (GPL) is a crucial component in the funeral industry, as it outlines the fees associated with various services and ensures transparency for consumers. The requirement for itemized pricing in the GPL is mandated by the Federal Trade Commission's Funeral Rule, which aims to protect consumers by allowing them to make informed decisions regarding funeral services. By including detailed pricing for each service, the GPL enables families to compare options clearly and understand the costs associated with the services they are considering.

Additionally, since the GPL is required and must reflect all the services offered by the funeral home, this reinforces the importance of itemization, allowing consumers to see exactly what they are paying for. Thus, a comprehensive and itemized GPL is essential for compliance with regulatory standards and to maintain ethical business practices in the funeral industry.