Which of the Following Statements Is True of Internships

question 13

Multiple Choice

Which of the following statements is true of internships?

• A) Internships should be of a fixed duration, established prior to their outset.
• B) Internships in the "for-profit" private sector cannot be viewed as employment as the internship experience is for the benefit of the intern and not the employer.
• C) Interns receiving the same level of supervision as an employer's regular workforce should be viewed as receiving training.
• D) Interns are legally entitled to a job at the conclusion of their internship.

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Definitions:

Direct Labor Cost

The total expense that a company incurs for employees who directly work on manufacturing products or performing services, including wages, benefits, and payroll taxes.

Automotive Repair Shop

A business establishment dedicated to repairing and maintaining vehicles, including cars and trucks.

Wages of Mechanics

Compensation paid to mechanics for their labor, typically based on an hourly rate or salary.

Conversion Cost

The sum of labor and overhead expenses incurred to convert raw materials into finished products.