To Be Considered a Legitimate Internship by the NACE Definition

question 16

Multiple Choice

To be considered a legitimate internship by the NACE definition, several criteria must be met.Which of the following is NOT one of those criteria?

• A) The experience must be an extension of classroom learning.
• B) There are clearly defined learning objectives or goals related to the profession and to the student's academic coursework.
• C) The experience provides an adequate level of monetary compensation commensurate with industry standards.
• D) There is routine feedback from an experienced supervisor.

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Definitions:

Predetermined Overhead Rate

A rate calculated before the period begins, used to allocate overhead costs to products or services based on a certain activity base.

Labor-Hours

Labor-Hours measure the total hours worked by employees, typically within a specified period for payroll or productivity analysis.

Manufacturing Overhead

All indirect costs associated with manufacturing, such as utilities, rent of the production facility, and maintenance.

Departmental Predetermined

A rate or value established in advance for departments within a business, often used for budgeting, costing, or allocation purposes.