Which of the Following Is a Difference Between Apprenticeship and Internship

question 66

Multiple Choice

Which of the following is a difference between apprenticeship and internship?

• A) Apprenticeship is on-the-job training, whereas internship is a classroom-based training method.
• B) Apprenticeship is a unstructured training method, whereas internship is a structured training method.
• C) Apprenticeship is sponsored by employee unions, whereas internship is sponsored by educational institutions.
• D) Most apprenticeship programs are for professions like accountants and lawyers, whereas most internship programs are in blue-collar jobs.
• E) Apprenticeship does not provide an income, whereas internship provides an income while teaching a trade.

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Definitions:

Average Collection Period (ACP)

Measures the average number of days it takes for a company to collect payments from its customers.

Financial Planning

The process of creating strategies for managing financial resources to meet life goals.

Sales Growth

The increase in sales over a specific period, indicating the competitiveness and overall health of a company.

Net Income

The profit of a company after all expenses and taxes have been subtracted from total revenue.