How many true copies of the Statement of Goods and Services must be maintained?

• A. Zero
• B. One
• C. Two
• D. Three

Answer: (B)

The requirement is to keep a single official record of the Statement of Goods and Services—a true copy. Having one trusted copy ensures there is an authoritative reference for what was promised to the customer, which helps resolve any questions or disputes and provides a clear trail for regulators or audits. Maintaining exactly one copy avoids the confusion that can come with multiple copies that might diverge or be misfiled. The point isn’t to have zero copies, since some record must exist, and it isn’t to keep multiple official copies, since the rule sets one as the standard.