To Participate in the PACE Program, an Elderly Person Must

question 50

Multiple Choice

To participate in the PACE program, an elderly person must

• A)need only community-based long-term care services
• B)be a Medicaid beneficiary
• C)have been certified for nursing home placement
• D)undergo preadmission screening and resident review (PASRR)

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Definitions:

Ex-dividend Date

The specific date on which a stock is traded without its dividend rights, meaning any subsequent buyer will not receive the next dividend payment.

Stock Transfer Books

Records maintained by a company documenting the ownership and transfer of its stock, used to ensure legal ownership and voting rights.

Stock Dividend

Essentially a stock split in which the number of new shares issued is less formal and usually smaller.

Common Stock

Equity ownership in a corporation, with rights to share in its profits, and typically with voting rights in corporate governance.