Final answer:
A trained Medical Assistant is able to assist with minor surgery, but generally does not function as a nurse, interpret lab results, or administer IV therapy, as these tasks often require more specialized training and credentials.
Step-by-step explanation:
A trained Medical Assistant is not equipped to function as a nurse, which typically requires more advanced training and a separate licensure. They are also not commonly trained to interpret lab results at a depth that is usually required for clinical diagnosis, as this task is often reserved for Medical Technologists (MTs) or Clinical Laboratory Technologists (CLTs) who hold at least a bachelor’s degree. In terms of administering IV therapy, this often falls under the purview of nurses and other advanced healthcare providers. However, a trained Medical Assistant is certainly able to assist with minor surgery under the supervision of a qualified healthcare provider. This reflects one of their many roles, which also include tasks like processing samples and carrying out routine assignments within a clinical laboratory setting.