Which of the following is NOT a function of the licensing agency?

The function mentioned in the answer is indeed not typically associated with a licensing agency. Licensing agencies are primarily focused on establishing regulations and processes for licensing, which includes determining the specific requirements for obtaining licenses, verifying the accuracy and completeness of license applications, and maintaining records related to the history of issued licenses.

While conducting inspections can be a part of regulatory oversight in some contexts, it is not a core function of licensing agencies themselves. Such inspections are often handled by separate regulatory bodies or agencies that specialize specifically in oversight and enforcement. Therefore, conducting physical inspections of items falls outside the primary responsibilities of a typical licensing agency, making this option correct in identifying what is not a function of such an agency.