What must a company license applicant pay for a $400 application?

Study for the Texas DPS PSB Qualified Manager Exam. Practice with flashcards and multiple choice questions. Each question includes hints and explanations. Prepare for your exam confidently!

The correct answer involves understanding the requirements set by the Texas DPS for a company license applicant. When a company applies for a license, there is a base application fee, which is $400 in this case. Additionally, applicants are required to pay a subscription fee, which is used to support system operation and compliance.

In this scenario, the correct subscription fee is $12. This fee is a mandatory part of the licensing process, and it is specified by the Texas Private Security Bureau regulations. Paying this subscription fee is essential for the processing of the application, allowing the applicant to be considered for licensing.

Understanding this aspect highlights the importance of being aware of all associated fees when submitting an application, as neglecting to pay the correct amount could lead to delays or denial of the application for the company license.

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