Arkansas Cosmetology Practice Exam

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What is the late fee for any type of license?

  1. Regular renewal fee plus 25%

  2. Regular renewal fee plus 50% more of that fee

  3. Additional $50

  4. Double the regular renewal fee

The correct answer is: Regular renewal fee plus 50% more of that fee

The late fee for any type of license is not calculated by simply adding a flat rate. Option A of "Regular renewal fee plus 25%" and option C of "Additional $50" do not accurately reflect the additional charge. Doubling the renewal fee would result in option D, which is also incorrect. Option B of "Regular renewal fee plus 50% more of that fee" is the most accurate because it adds an additional 50% on top of the regular renewal fee. This ensures that the full renewal fee is covered while also including an extra 50% as a penalty for late payment.

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