Can the word 'estimate' appear on the 'Funeral Home Charges' portion of the Statement of Goods and Services?

Can the word 'estimate' appear on the 'Funeral Home Charges' portion of the Statement of Goods and Services?

• A. Yes in all cases
• B. Yes, but only if they are in reference to cash advance items
• C. No
• D. Yes, for any item

Answer: (B)

The concept is that prices on the Statement of Goods and Services differentiate between what the funeral home directly provides and what is supplied by others as cash-advance items. For items the funeral home doesn’t control—like arrangements or services charged as cash advances—the price can change and isn’t guaranteed at the time of arrangement. In those cases, labeling the item with an “estimate” communicates that the amount is approximate and subject to the vendor’s actual charge. So the word can appear in the Funeral Home Charges area only when it refers to cash-advance items, not for the funeral home’s own goods and services. That’s why the best answer is that it’s allowed, but only for cash-advance items.

The concept is that prices on the Statement of Goods and Services differentiate between what the funeral home directly provides and what is supplied by others as cash-advance items. For items the funeral home doesn’t control—like arrangements or services charged as cash advances—the price can change and isn’t guaranteed at the time of arrangement. In those cases, labeling the item with an “estimate” communicates that the amount is approximate and subject to the vendor’s actual charge.

So the word can appear in the Funeral Home Charges area only when it refers to cash-advance items, not for the funeral home’s own goods and services. That’s why the best answer is that it’s allowed, but only for cash-advance items.