Which of the following is a responsibility included in the prearrangement service trust agreement?

In a prearrangement service trust agreement, setting terms for deposit and withdrawal is a key responsibility. This aspect is crucial because it establishes the framework within which funds are managed for future funeral services. By clearly outlining how and when deposits can be made or withdrawn, the agreement provides transparency and ensures that the client’s funds are handled in accordance with their wishes and financial planning for future services. It protects both the client’s interests and the funeral service provider's obligations.

In contrast, while discount rates, consultations, and service merchandise may be relevant in the context of funeral services, they do not typically fall under the specifics of what a trust agreement governs. The primary focus of the trust agreement is on the financial structure and management of prearranged funds, making the terms of deposit and withdrawal essential.