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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q86-Q91):
NEW QUESTION # 86
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?
Answer: B
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 # 87
What is a health and safety incident?
Answer: C
Explanation:
1. What is a Health and Safety Incident?
* A health and safety incident is any event that affects an employee's ability to work due to injury, illness, or unsafe conditions.
* This includes:
* Workplace accidents (e.g., slips, falls, equipment malfunctions).
* Exposure to hazardous substances.
* Work-related stress or mental health crises.
2. Types of Workplace Incidents
* Sudden Accidents# A workerfalls from scaffolding and breaks a leg.
* Ongoing Conditions# Repetitive strain injuries fromprolonged computer use or assembly line work.
* Hazardous Exposures# A workerbreathes in toxic fumes without proper ventilation.
3. Why Option B is Correct:
* It correctly defines a health and safety incident as an event or condition that impacts an employee' s ability to work safely.
4. Why Other Options Are Incorrect:
* A (Only injuries that result in lost wages)- Incorrect;not all incidents result in wage loss, but they still affect safety.
* C (Only incidents identified by managers)- Many incidentsoccur without immediate supervision.
* D (Only reported incidents)-Not all incidents are reported, but they still count as workplace safety issues.
Reference:
Ontario Occupational Health & Safety Act - Workplace Incidents & Reporting Procedures
NEW QUESTION # 88
What is the Ontario Ministry of Northern Development, Mines, Natural Resources, and Forestry responsible for?
Answer: B
Explanation:
1. Role of the Ministry of Northern Development, Mines, Natural Resources, and Forestry
* This ministryoversees the protection, conservation, and sustainable management of Ontario's natural resources.
* Responsibilities include:
* Managing Ontario's forests, lakes, and wildlife.
* Regulating mining and mineral extraction.
* Overseeing conservation efforts in provincial parks and Crown lands.
2. Why Option A is Correct:
* The ministry's primary role is environmental protection and resource management, ensuring sustainability and biodiversity preservation.
3. Why Other Options Are Incorrect:
* B (Cost-effective use of resources)- The ministryfocuses on conservation rather than just profitability.
* C (Mining regulations only)- Mining isonly one part of the ministry's broader responsibilities.
* D (Air pollution control)- Thisfalls under the Ministry of the Environment, Conservation, and Parks.
Reference:
Ontario Ministry of Northern Development, Mines, Natural Resources, and Forestry - Mandate & Responsibilities
NEW QUESTION # 89
What is one goal for technology professionals when developing a greater understanding of ethics?
Answer: D
Explanation:
A strong understanding of ethicsenhances problem-solving skillsand helps professionalsnavigate complex moral dilemmasby thinkingcreatively and responsibly.
Step-by-Step Explanation:
* Why Ethics Matter for Technology Professionals:
* Ethics guidefair and responsible decision-making.
* Understanding ethical frameworks allows professionals toanalyze multiple perspectives before acting.
* Ethical Imagination - Thinking Outside the Box:
* Ethical challengesoften require innovative solutionsthat balance:
* Business interests
* Regulatory compliance
* Public safety & environmental responsibility
* Example: A technologist mustredesign a product to meet environmental standardswhile ensuringcost efficiency.
* Why Option D Is Correct:
* Ethical knowledgeexpands problem-solving abilitiesbeyond standard decision-making frameworks.
* Why Other Options Are Incorrect:
* A (More efficient decision-making)- Ethical reasoning is not always aboutspeed, but about careful analysis.
* B (Perceived authority)- Ethical knowledgestrengthens actual decision-making, not just perceptions of authority.
* C (Avoiding management mistakes)- Ethicsis not just about avoiding mistakes, but about makingmorally sound choices.
Reference:
OACETT Code of Ethics - Professional Judgment & Ethical Innovation
Ontario Professional Engineers Act - Ethical Reasoning in Technology
NEW QUESTION # 90
What is the purpose of using a process or approach for solving ethical problems?
Answer: D
Explanation:
Ethical decision-makingrequires a structured approachto balancelogic, analysis, and ethical creativity.
Step-by-Step Breakdown:
1. Why a Structured Ethical Process is Necessary:
* Ensuresconsistency and fairnessin decision-making.
* Allows professionals toevaluate multiple factors, including legal, technical, and moral considerations.
2. What Does an Ethical Decision-Making Process Include?
* Identify the problem.
* Gather relevant information.
* Analyze possible solutions.
* Evaluate consequences for all stakeholders.
* Make a decision based on ethical principles.
3. Why Option D Is Correct:
* Combines analytical skills and ethical creativity to solve complex problems.
* Encourages professionals to think beyond rigid rules and apply ethical reasoning.
4. Why Other Options Are Incorrect:
* A (Providing disagreement resolution)- The goalis not to justify disagreementsbutto make sound ethical choices.
* B (Defending wrong decisions)- Ethical frameworksare proactive, not reactive.
* C (A crutch for weak decision-makers)- Ethical decision-makingis a skill, not a weakness.
Reference:
OACETT Code of Ethics - Ethical Decision-Making Processes
Ontario Business Ethics Guidelines - Importance of Structured Decision-Making
NEW QUESTION # 91
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