Summer Internship Programs

question 87

Multiple Choice

Summer internship programs

• A)are expensive to assess students.
• B)hire college and/or university students to complete summer projects before they graduate.
• C)have one objective only: to allow students to obtain business experience.
• D)frequently offer permanent positions following graduation if interns have excellent performance.
• E)produce win-win results, but students benefit more.

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Definitions:

Capital Budgeting

The process by which a business determines and evaluates potential large expenses or investments.

Straight-Line Depreciation

A method for divvying the expense of a tangible asset through its operational duration in equivalent annual amounts.

Incremental Sales

The additional sales generated by a particular business activity or decision.

Operating Expenses

Expenses that are incurred during the normal operation of a business, excluding the cost of goods sold.