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OACETT IEPPE Exam Syllabus Topics:

OACETT Internationally Educated Professional Practice Sample Questions:

1. What is one challenge with rights-based ethics?

A) It is often difficult to avoid inflicting harm in the support of an individual's rights.
B) It is often difficult to avoid a conflict of interest in allocating rights to different individuals or groups.
C) It is occasionally difficult to define the concept of rights and to apply it to specific cases.
D) It is occasionally difficult to determine when one person's rights infringe on another person's rights.

2. Which is the best definition of conflict of interest?

A) A situation in which a public official in a position of trust, either elected or appointed, uses that position to benefit their family financially.
B) A situation in which an individual in a position of responsibility, in either a public or private company, uses that position for personal gain.
C) A situation in which an individual in a position of authority manipulates a situation to their financial benefit.
D) A situation in which an individual or organization in a position of trust, in either a public or private company, exploits that position of trust for personal benefit, usually financial.

3. Alex is an OACETT C.E.T. He works at an IT company that completes unique software programming for industrial and medical tools and equipment. There was sample hardware in the office that Alex did not think the company needed. He took the hardware home to see if he could adapt it for a project he was working on for his own interest. He did not intend to make money off of the project; he simply wanted to see if an idea he had was feasible. The next week the company owner asked all employees about the whereabouts of the sample hardware. The company owner indicated that the hardware needed to be returned to the manufacturer and that the company would get charged for it if it was not returned. Alex did not say anything to the company owner about having taken the sample hardware.
By this time, he had already disassembled it and used different parts in his own project. He was not able to put the sample hardware back together.
Alex still did not tell the company owner about the hardware. The company owner, suspecting that Alex had the hardware, filed a complaint with the OACETT Complaints Committee. What is Alex's best next move in this situation?
(1 mark)

A) Tell the company owner that the complaint to OACETT is not fair and say that they no longer want to work for the company.
B) Admit to the company owner that they took the hardware, explain the situation, and indicate that they understand the need for the complaint to OACETT.
C) Hire a lawyer.
D) Admit to the company owner that they took the hardware, apologize, and request that the company owner withdraw the complaint to OACETT.

4. What is repudiation of a contract?

A) A statement by one of the contracting parties that they are going to do business with a third party rather than the original contracting party.
B) A statement by one of the contracting parties that they do not intend to perform as promised.
C) A statement by one of the contracting parties that the contract is illegal and is therefore cancelled.
D) A statement by one of the contracting parties that the performance of the other is unsatisfactory and so they are suing for damages.

5. A Corporation may raise funds through the issue of equity securities. Which one of the following is an equity security?

A) Corporate bonds
B) Preferred shares
C) Debentures
D) Notes

Solutions: