Which of the Following Is False Regarding State Licensure Laws

question 2

Multiple Choice

Which of the following is false regarding state licensure laws?

• A) These laws establish the requirements for licensure to practice.
• B) Licensure is not necessary if the individual has completed training.
• C) The state regulatory agencies such as the state board of nursing are responsible for creating and enforcing these rules.
• D) The scope of practice defines what the professional can and cannot do within the scope of their licensure.

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Definitions:

Preferred Shares

A class of ownership in a corporation with a fixed dividend, that has priority over common shares in the distribution of dividends and assets.

SEC Requires

Mandatory rules and requirements established by the Securities and Exchange Commission that publicly traded companies must follow to protect investors and ensure the integrity of the securities markets.

Common Stock

Common stock represents units of ownership interest or equity in a corporation, where holders usually have voting rights to elect the board of directors.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often paying fixed dividends.