What is the value and what is the timing of a good internship?
What will be an ideal response?
Another way to gain valuable job experience is to seek an internship or a co-op (cooperative education). The best internships and co-ops are paid, are with a company you identified as one you want to work for after you graduate, and allow you to earn course credit. Many large companies offer internships, including IBM, Nortel, Marriott, some banks, and the federal government. Of course, the easiest time to complete an internship is during the summer when you do not have any classes; however, the competition will be stiff. If your major is flexible enough, your best bet is to seek an internship during the spring or fall semester and attend summer school. You must plan well and allow room in your course schedule for both the time and credit hours for the internship. However, the advantage to a spring or fall internship is that most of your classmates will be in school, making more internship opportunities available to you with less competition from your classmates. Do not discount the value of an unpaid internship. Do not let a few hundred dollars keep you from gaining valuable experience that will enhance your résumé and may help you secure a job in the future. The right internship will help you gain great experience, enhance your résumé, generate contacts, and in many cases lead to job offers.
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Which of the following arises through the sale of ownership interests in the business in the form of shares of corporate stock?
A. Proxies B. Bond securities C. Debt securities D. Equity securities
A contingency was evaluated at year-end and considered to have a reasonable possibility of becoming an actual liability. If this was not reported in the notes to the financial statements, what is the effect on the financial reporting of the company?
A) There would be no effect. B) The liabilities on the balance sheet would be understated. C) The information about the transaction would be inadequately disclosed in the notes. D) The net income of the company would be understated.
Which of the following is true about certification methods?
A. Newer certification procedures are moving away from on-demand review and towards scheduling fixed-review points.. B. Scheduling makes it more difficult to budget and control payroll increases. C. Certification cannot be accomplished through peer review. D. Recertification has been replaced with one-time certification. E. Certification cannot be accomplished through on-the-job demonstrations.
Which of the following is not a characteristic of nonprogrammed decisions?
a. Found at the higher levels of the organization. b. Have more uncertain conditions surrounding the decision. c. Are poorly structured and occur infrequently. d. Are repetitive and routine and have standard operating procedures.