Georgia State Board of Funeral Service Practice Exam

How long should records of the General Price List (GPL) be retained?

1. One month

2. One year

3. Two years

4. Five years

The correct answer is: One year

The correct duration for retaining records of the General Price List (GPL) is one year. This requirement is rooted in regulations established by the Federal Trade Commission (FTC), which mandate that funeral service providers maintain GPL records for a minimum period. Retaining these records for one year ensures that funeral homes can provide evidence of compliance with the pricing transparency laws designed to protect consumers. This timeframe allows consumers to have the information accessible for their decision-making process and potentially aids funeral homes in accounting for their financial practices. Understanding this retention period is essential for compliance and for providing adequate consumer protection, adhering to ethical business practices, and maintaining transparent operations within the funeral service profession.