In Which of the Following Ways Does Licensing Differ from Accreditation

question 3

Multiple Choice

In which of the following ways does licensing differ from accreditation? (Select all that apply.)

• A)Licensing applies to the individual, whereas accreditation applies to a program.
• B)Licensing is required to practice, whereas accreditation is by choice.
• C)Licensing is required by state law, whereas accreditation is required by federal law.
• D)Licensing is required for all professions, whereas accreditation is only available for some.

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Definitions:

What-If Analysis

The process of changing variables in models or scenarios to examine different outcomes.

Load Button

A user interface element that, when clicked, loads or retrieves data from a storage location or starts a process.

FV Function

A type of financial function that calculates the future value of an investment based on a constant interest rate.

Interest

A fee paid for the use of borrowed money, typically expressed as an annual percentage of the loan amount.