If money is deposited into an investment for a pre-need contract, the deposit record must include which item?

• A. The operator's business name
• B. The unique identifying number used on the contract
• C. The name of the purchaser
• D. The total amount of the contract

Answer: (B)

Deposits must be traceable to the exact contract, and the contract’s unique identifying number provides that precise link. Using this number on the deposit record ties the money directly to the specific pre-need contract, which is crucial for accurate accounting, reconciliation, and regulatory compliance. The operator’s business name is too broad to identify a single contract, the purchaser’s name can apply to many contracts, and the total amount is not a unique identifier and can change with additional deposits or amendments. Therefore, the deposit record must include the unique identifying number used on the contract.