Janice, a third-year undergraduate student, joins a publication house as a temporary employee for a period of 2 months to gain work experience. At the end of this period, based on her work, she is offered a permanent position in the organization. Considering that Janice is still a student, she is offered a contract that would be effective upon graduation. Janice confirms to the publication house that she will take up the permanent positionas soon as she graduates. The given scenario is an example of _____.
A. an apprenticeship
B. vestibule training
C. outbound training
D. an internship
Answer: D
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Conveniently located vending machines around your college or university campus make it easy for you to buy a soda and a snack between classes. This is an example of the ________ element of the marketing mix.
A. price B. place C. promotion D. production E. profit
Marks Consulting purchased equipment costing $45,000 on January 1, Year 1. The equipment is estimated to have a salvage value of $5,000 and an estimated useful life of 8 years. Straight-line depreciation is used. If the equipment is sold on July 1, Year 5 for $20,000, the journal entry to record the sale will include a:
A. Debit to accumulated depreciation for $22,500. B. Debit to gain on sale for $2,500. C. Debit to loss on sale for $10,000. D. Credit to loss on sale for $10,000. E. Credit to cash for $20,000.
Which of the following is not a characteristic of a defined contribution plan?
a. The exact value is unknown prior to retirement. b. Mandatory contributions must be made to a pension fund. c. Contribution rates are normally stated as a percentage of wages or salaries. d. Actuaries are consulted to determine annual contribution levels.
When you're transitioning from one slide to the next:
a. use eye catching transition effects like "Blinds horizontal" most of the time so the audience will clearly know you're moving from one slide to the next b. use subtle transition effects like "Dissolve" so you don't distract the audience c. mix transition effects to keep your audience entertained d. none of the above