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IEPPE New Real Exam, IEPPE Valid Exam Vce

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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q108-Q113):

NEW QUESTION # 108
What is the main purpose of an ethical theory?

  • A. To systematically link our beliefs to one another by means of a set of coherent principles in order to have consistent ethical beliefs.
  • B. To systematically relate our ethics to the practical realities that we experience on a daily basis.
  • C. To systematically connect our factual statements, our conceptual statements, and our moral statements.
  • D. To systematically define the concepts related to our ethical beliefs.

Answer: A

Explanation:
Anethical theoryprovides astructured framework for making consistent and logical ethical decisions.
Step-by-Step Explanation:
* Definition of Ethical Theories:
* Ethical theorieshelp professionals determine the right course of action in difficult situations.
* They ensureconsistency in decision-makingacross different scenarios.
* Common Ethical Theories Used in Engineering & Technology:
* Utilitarianism- Thegreatest good for the greatest number(e.g., prioritizing public safety).
* Deontology- Followingethical rules and duties, regardless of the outcome.
* Virtue Ethics- Acting withhonesty, integrity, and responsibility.
* Example in Professional Practice:
* A technologist mustreport a defective producteven if it harms their employer's reputation.
* Ethical theorieshelp justify this decisionby prioritizingpublic safety and professional integrity.
* Why Option D Is Correct:
* Ethical theoriesprovide a logical frameworkto align beliefs and actions.
* Why Other Options Are Incorrect:
* A (Connecting statements)- Ethical theoriesgo beyond linking concepts; theyguide real-world decisions.
* B (Relating ethics to reality)- Ethical theories arenot just practical tools; they arestructured principles.
* C (Defining concepts)- Ethical theories do more thandefine ethics; theyguide behavior.
Reference:
OACETT Code of Ethics - Ethical Decision-Making Frameworks
Ontario Professional Engineers Act - Application of Ethical Theories in Professional Conduct


NEW QUESTION # 109
What is one thing that can be done to organize a safe workplace?

  • A. Limit the number of electrical cables and outlets to the bare minimum.
  • B. Distribute electrical outlets evenly around a room to avoid the clustering of electrical devices in one area of the room.
  • C. Identify all possible health and safety hazards, including electrical cables, with fluorescent tape.
  • D. Secure electrical cables to the floor and run them along walls, rather than across open spaces, whenever possible.

Answer: D

Explanation:
1. Why Workplace Organization is Critical for Safety
* Awell-organized workplace reduces hazards such as trips, falls, and electrical risks.
* Loose cables, clutter, and improper storage can lead to accidentsand violations ofOntario's workplace safety laws.
2. Proper Cable Management to Prevent Hazards
* Cables should be secured along walls or under flooringto prevent tripping hazards.
* Proper grounding and insulation of cables prevent electrical fires and shocks.
* Using cable protectors and conduit systems keeps pathways clear and safe.
3. Why Option D is Correct:
* It follows best safety practices by ensuring that cables are secured and do not create trip hazards.
4. Why Other Options Are Incorrect:
* A (Limiting cables and outlets)- Can lead tooverloading circuits, increasing fire risks.
* B (Distributing outlets evenly)- Helpful, butdoes not directly prevent trip hazards.
* C (Marking hazards with fluorescent tape)-Helpful for visibility but does not remove the hazard itself.
Reference:
Ontario Occupational Health & Safety Act (OHSA) - Electrical & Trip Hazard Prevention Canadian Centre for Occupational Health & Safety (CCOHS) - Workplace Cable Management


NEW QUESTION # 110
A Corporation may raise funds through the issue of equity securities. Which one of the following is an equity security?

  • A. Debentures
  • B. Notes
  • C. Preferred shares
  • D. Corporate bonds

Answer: C

Explanation:
Equity securitiesrepresentownership in a company, whiledebt securitiesrepresentloans to the company.
Step-by-Step Explanation:
* Types of Securities:
* Equity securities- Ownership interests, likecommon and preferred shares.
* Debt securities- Loans issued by companies, likebonds and debentures.
* Why Preferred Shares Are Equity Securities:
* Preferred shareholdersown a portion of the company.
* They receivefixed dividendsbutdo not have voting rightslike commonshareholders.
* Why Option A Is Correct:
* Preferred sharesqualify asequitybecause theyrepresent ownership.
* Why Other Options Are Incorrect:
* B (Corporate bonds)- Bonds aredebt instruments, not equity.
* C (Debentures)- A type ofloan, not ownership.
* D (Notes)- Short-termdebt instruments, not equity.
Reference:
Ontario Securities Commission - Equity vs. Debt Investments
OACETT Business & Finance Guidelines for Engineers


NEW QUESTION # 111
Brown and Green have a concept for a new survey measuring instrument based on their many years in the Civil Survey field. They want to establish a business to raise capital, design, manufacture, and market this new instrument. Both Brown and Green are well established, are in their mid-50s, and have no family members who would be prepared to take over the business when they are ready to retire in about 10 years.
What form of business would they choose if they wanted to ensure their personal assets would be available when they are ready to retire?

  • A. A corporation
  • B. A partnership
  • C. A sole proprietorship
  • D. A limited liability partnership

Answer: A

Explanation:
Acorporationis the best business structure toprotect personal assets, as itlegally separates the business from the owners.
Step-by-Step Explanation:
* Why Personal Asset Protection Matters:
* Brown & Green are nearing retirementand must ensure thattheir personal savings and investments are not at riskif the business fails.
* Acorporation provides liability protection, meaningpersonal assets are not used to pay business debts.
* Why a Corporation Is the Best Choice:
* Separate Legal Entity- The company, not the owners, is responsible for its debts and liabilities.
* Limited Liability- Shareholders (owners) arenot personally liablefor corporate losses.
* Easier to Transfer Ownership- Corporations allowsuccession planning, so they cansell shares or pass ownership to a buyer when they retire.
* Why Option D Is Correct:
* Acorporation shields Brown & Green's personal wealth from business risks.
* Why Other Options Are Incorrect:
* A (Limited Liability Partnership)- Onlyprotects against a partner's negligence, but not business debts.
* B (General Partnership)- Partners arepersonally liable for business debts.
* C (Sole Proprietorship)-Full personal liabilityfor debts; not suitable for shared ownership.
Reference:
Ontario Business Corporations Act - Legal Protection of Shareholders
OACETT Business Guidelines - Choosing the Right Business Structure


NEW QUESTION # 112
Who in OACETT controls the OACETT By-Law?

  • A. The OACETT By-Law is controlled by the Ontario Provincial Government.
  • B. The OACETT By-Law is controlled by the OACETT Administration Board.
  • C. The OACETT By-Law is ultimately controlled by the OACETT Board of Directors.
  • D. The OACETT By-Law is ultimately controlled by OACETT members.

Answer: D

Explanation:
1. What is the OACETT By-Law?
* The OACETT By-Lawgoverns the rules, regulations, and operational structure of OACETT.
* It defines:
* Membership requirements
* Code of Ethics enforcement
* Certification and disciplinary procedures
2. Who Controls the OACETT By-Law?
* The By-Law is ultimately controlled by OACETT members, meaning:
* Members vote on any amendments or changes.
* Decisions are made democratically to ensure fairness.
3. Why Option C is Correct:
* OACETT is amember-driven organization, meaningits members have the ultimate authority over its governing rules.
4. Why Other Options Are Incorrect:
* A (Ontario Provincial Government)- OACETTis self-regulatedand not directly governed by the provincial government.
* B (OACETT Board of Directors)- The Board oversees governance, butmembers control by-law changes.
* D (OACETT Administration Board)- No such bodyexists with control over the by-law.
Reference:
OACETT Constitution - By-Law Structure & Membership Voting Rights
Ontario Not-for-Profit Corporations Act - Governance of Professional Associations


NEW QUESTION # 113
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