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:

Intermediary Bank

A financial institution that acts as a middleman between a payer's and a payee's banks, especially in international wire transfers.

Check Collection

The process of a bank or other financial institution obtaining the funds promised in a check from the check writer's bank.

Transferred

The act of moving or being moved from one place, position, person, or organization to another.

Gramm-Leach-Bliley Act

A U.S. federal law that requires financial institutions to explain how they share and protect their customers' private information, aiming to safeguard consumer financial privacy.