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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q74-Q79):

NEW QUESTION # 74
What should technology professionals aim to do when developing a greater understanding of ethics?

A. To allow them to make decisions that are more palatable to shareholders.
B. To provide them with a greater understanding of the importance of ethical theories in day-to-day life.
C. To stimulate their ability to readily identify unethical individuals and professionals.
D. To be better able to recognize ethical issues in the workplace and in their fields.

Answer: D

Explanation:
Technology professionalsmust be able to recognize ethical issuesin their field tomake responsible decisions andmaintain professional integrity.
Step-by-Step Explanation:
* Why Recognizing Ethical Issues Matters:
* Ethical dilemmas oftenarise in complex work environments.
* Example:A construction technologist notices a safety violationbut facespressure from management to ignore it.
* Recognizing the ethical issue is the first step in addressing it responsibly.
* Real-World Examples of Ethical Issues in Technology:
* Privacy concerns in IT & cybersecurity.
* Environmental impacts of engineering projects.
* Conflicts of interest in corporate decision-making.
* Why Option A Is Correct:
* Recognizing ethical issuesallows professionals to act responsibly and protect public safety.
* Why Other Options Are Incorrect:
* B (Making decisions palatable to shareholders)- Ethics should focus onintegrity and fairness, not shareholder satisfaction.
* C (Identifying unethical individuals)- Ethics isabout professional responsibility, not policing others.
* D (Understanding ethical theories in daily life)- Ethics should bepractical, not just theoretical
.
Reference:
OACETT Code of Ethics - Ethical Awareness & Workplace Integrity
Ontario Professional Engineers Act - Identifying Ethical Issues in Technology

NEW QUESTION # 75
A Corporation may raise funds through the issue of equity securities. Which one of the following is an equity security?

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

Answer: D

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 # 76
What do people focus on in a culture that has a short-term time orientation?

A. They focus on the present.
B. They focus on the past.
C. They focus on being on time.
D. They focus on the future.

Answer: A

Explanation:
1. What is Short-Term vs. Long-Term Time Orientation?
* Time orientation refers to how a culture values and prioritizes time-related goals and planning.
* Short-term cultures focus on immediate results, whereas long-term cultures prioritize future goals.
2. Characteristics of Short-Term Time-Oriented Cultures:
#Focus on immediate rewards and quick results.#Preference for traditions and current social norms.# Lower willingness to invest in long-term planning.
3. Examples of Short-Term vs. Long-Term Time Orientation:
* Short-term cultures# United States, Canada, Mexico.
* Long-term cultures# Japan, China, Germany (prioritize investments and future stability).
4. Why Option C is Correct:
* Short-term time orientation means a focus on the present and immediate outcomes.
5. Why Other Options Are Incorrect:
* A (Being on time)- Punctualityis not a defining factor in time orientation.
* B (Focus on the past)- Past-oriented culturesvalue tradition but may also be long-term thinkers.
* D (Focus on the future)- Long-term culturesprioritize future growth and investments.
Reference:
Hofstede's Cultural Dimensions Theory - Time Orientation in Business & Society OACETT Professional Practice Guidelines - Time Management for Technologists

NEW QUESTION # 77
When were members of the previously unincorporated OACETT duly registered as Members of the Association?

A. 0
B. 1
C. 2
D. 3

Answer: B

Explanation:
1. History of OACETT's Incorporation
* Before 1984, OACETT functionedwithout formal incorporation, meaning membership was informal.
* In1984, the Ontario Legislature formally recognized OACETT, giving itlegal status as a self- regulated professional association.
* This marked the official recognition of Certified Engineering Technologists (CETs) in Ontario.
2. Significance of Incorporation:
* Establishedprofessional certification for engineering technologists.
* Allowed OACETTto enforce standards, ethics, and professional responsibilities.
* Createdgreater industry credibility and public trust in CETs.
3. Why Option C is Correct:
* 1984 was the official year of OACETT's formal registrationas a professional association.
4. Why Other Options Are Incorrect:
* A (1998)- Too late; OACETT was already fully established by then.
* B (1957)- While OACETT has roots before 1984,formal registration happened later.
* D (1962)- Too early;OACETT was still unincorporatedat this time.
Reference:
OACETT Certification Handbook - History of Incorporation
Ontario Legislature Act 1984 - Official Recognition of OACETT

NEW QUESTION # 78
Who appoints federal judges?

A. The provincial legislatures through an election
B. The Senate
C. Members of Parliament through an election
D. The Government of Canada

Answer: D

Explanation:
Federal judges in Canada areappointed by the Government of Canadathrough theGovernor General, on the advice of the Prime Minister and Cabinet. TheJudicial Appointments Advisory Committeehelps in the selection process.
Step-by-Step Explanation:
* Authority of Appointment- Federal judges, including those of theFederal Court, Federal Court of Appeal, and Supreme Court of Canada, are appointed bythe federal government.
* Role of the Prime Minister and Cabinet- The Prime Minister, in consultation with the Minister of Justice,recommends appointments.
* Judicial Appointments Process- TheIndependent Advisory Board for Supreme Court of Canada Judicial Appointmentsevaluates candidates.
* Role of the Governor General- TheGovernor General formally appoints judgesbased on the government's recommendations.
Reference:
Canadian Constitution Act, 1867 (Section 96-101)- Defines the appointment process for federal judges.
Judicial Appointments Advisory Committee (JAAC)- Established to ensuremerit-based selection.
Department of Justice Canada- Oversees the process and publishes judicial appointment notices.

NEW QUESTION # 79
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