According to the Textbook, Long-Term Care Does NOT Include

question 27

Multiple Choice

According to the textbook, long-term care does NOT include:

• A) Nurse-practitioner led clinics
• B) Facility-based residential care
• C) Home care
• D) Hospitals through ALC alternative level of care)

---

Definitions:

Preferred Stock

A type of stock that provides a specific dividend that is paid before any dividends are paid to common stockholders, often with no voting rights.

Zero Growth

refers to a situation where a company or economy is not experiencing any increase in its output, sales, or other financial indicators over a period.

Cumulative Dividend

A feature of preferred stock that mandates the payment of any missed dividends before dividends can be distributed to other shareholders.

Arrearage

A legal term for the part of a debt that is overdue after missing one or more required payments.