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Internationally Educated Professional Practice Exam

Last Update 1 month ago
Total Questions : 130

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Question # 1

What happens if a member has not paid membership dues owing within six months of the invoice being issued?

Options:

A.  

All of the options.

B.  

The member is considered to have resigned.

C.  

The member is told to return their certificate and stamp immediately.

D.  

The member is told they may no longer use any OACETT protected title.

Discussion 0
Question # 2

What does it mean to have a restrictive right under the OACETT Act to use the designation

C.  

E.  

T.?

Options:

A.  

No other persons can call themselves technologists in Ontario.

B.  

No other persons can work as technologists in Ontario.

C.  

No other persons can use the abbreviation

C.  

E.  

T. after their name.

D.  

No other persons can work as technicians in Ontario.

Discussion 0
Question # 3

Who in OACETT controls the OACETT By-Law?

Options:

A.  

The OACETT By-Law is controlled by the Ontario Provincial Government.

B.  

The OACETT By-Law is ultimately controlled by the OACETT Board of Directors.

C.  

The OACETT By-Law is ultimately controlled by OACETT members.

D.  

The OACETT By-Law is controlled by the OACETT Administration Board.

Discussion 0
Question # 4

What is the best definition of a profession?

Options:

A.  

An occupation that requires practitioners to complete a challenging test in order to be approved to practice the occupation.

B.  

An occupation that requires practitioners to have extensive and detailed knowledge and skills and to complete a process that verifies the knowledge and skills.

C.  

An occupation that requires years of education and training at either the college or university level.

D.  

An occupation that requires practitioners to complete predetermined assessments in order to be employed in that profession.

Discussion 0
Question # 5

What is a by-law?

Options:

A.  

A law with limited application that regulates how an organization is to be operated.

B.  

A law that precedes an Act and defines the process by which the Act is to be written.

C.  

A law that has wider application than an Act.

D.  

A law with limited application that defines the circumstances under which an Act is relevant or not.

Discussion 0
Question # 6

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.

In your opinion, is there justification for starting up with one business form and converting to another form later?

Options:

A.  

Yes, there is justification for starting up with one business and converting to another form because it provides the owners with interesting variety.

B.  

No, there is no justification for starting up with one business form and converting to another form because it is too expensive.

C.  

Yes, starting out as a partnership might be the easiest/cheapest way to get the business started and it could be switched to a corporation for liability protection and tax advantages when growth begins.

D.  

No, it is bad business practice to change the form in which a business is being operated as it creates confusion among clients and suppliers.

Discussion 0
Question # 7

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?

Options:

A.  

A limited liability partnership

B.  

A partnership

C.  

A sole proprietorship

D.  

A corporation

Discussion 0
Question # 8

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.

If Brown and Green had assets and needed to raise money for their new venture, which form of business might make it easier to obtain a bank loan?

Options:

A.  

A joint venture because they would not have to personally guarantee the loan.

B.  

A corporation because they would not have to personally guarantee the loan.

C.  

A partnership because they would not have to personally guarantee the loan.

D.  

Either a corporation or partnership as long as they personally guaranteed the new business loan; although generally, a corporation has more flexibility.

Discussion 0
Question # 9

What is gross negligence?

Options:

A.  

When someone's behavior is rude and inappropriate

B.  

When someone's behavior is very far from what would normally be expected and accepted

C.  

When someone's behavior leaves others feeling ill or disgusted

D.  

When someone's behavior is deemed immature and offensive

Discussion 0
Question # 10

What is it called when a party is prevented from acting according to their will, by threats or force of another?

Options:

A.  

Duress

B.  

Undue influence

C.  

Non est factum

D.  

Misrepresentation

Discussion 0
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