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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q117-Q122):

NEW QUESTION # 117
What is a widely-held corporation?

A. One that has few shareholders.
B. One whose share can be bought and sold on a designated stock exchange.
C. One whose shares are not available for purchase by the general public.
D. One that has many shareholders.

Answer: B

Explanation:
Awidely-held corporationis a company whose shares arepublicly traded on a stock exchangeand are available for purchase by the general public.
Step-by-Step Explanation:
* Definition of a Widely-Held Corporation:
* A corporation withmany shareholders.
* Shares arepublicly traded on stock exchanges(e.g., TSX, NYSE).
* Characteristics:
* Subject tosecurities regulationsto protect investors.
* More transparency requiredin financial reporting.
* Why Option B Is Correct:
* Key feature: Shares can bebought and sold on a designated exchange.
* Why Other Options Are Incorrect:
* A (Many shareholders)- Not all large companies are publicly traded.
* C (Shares not available to public)- Describes aprivately-held corporation.
* D (Few shareholders)- Applies toclosely-held corporations.
Reference:
Ontario Business Corporations Act - Definition of Publicly Traded Corporations OACETT Professional Practice Guidelines - Business Structures in Engineering

NEW QUESTION # 118
What characteristics of a culture are captured in the values continuum of power distance?

A. Power distance captures a culture's system for organizing itself according to layers of socio-economic power.
B. Power distance captures a culture's attitudes towards differences in wealth, specifically how acceptable it is to have large amounts of wealth.
C. Power distance captures a culture's attitudes towards the use of formal language in the public sphere versus the private sphere.
D. Power distance captures a culture's attitudes towards authority, specifically how acceptable it is to demonstrate power and authority.

Answer: D

Explanation:
1. What is Power Distance in Culture?
* Power distance refers to how a society views the distribution of power and authority among its members.
* It explains whether people in a culture accept hierarchical relationships (high power distance) or prefer equality (low power distance).
2. Examples of High vs. Low Power Distance Cultures:
#High Power Distance# People accept strong authority figures, formal hierarchy.
* Example:China, Russia, Middle Eastern countries.
#Low Power Distance# People challenge authority, prefer equality in workplace relationships.
* Example:Canada, Denmark, Netherlands.
3. Why Option B is Correct:
* Power distance measures how acceptable it is for power and authority to be demonstrated within a culture.
4. Why Other Options Are Incorrect:
* A (Attitudes towards wealth differences)- Incorrect; power distanceis about authority, not wealth.
* C (Formal vs. informal language)- Incorrect; this relates tocommunication styles, not power distance.
* D (Socio-economic power systems)- Incorrect; power distancefocuses on authority relationships, not class structure.
Reference:
Hofstede's Cultural Dimensions Theory - Power Distance in Workplace Cultures OACETT Professional Practice Guidelines - Cross-Cultural Competence for Engineers & Technologists

NEW QUESTION # 119
What is diversity as it applies to the workplace?

A. It is a measure of how many different cultural groups are represented in the workplace.
B. It is a measure of how different or same employees are; the more different employees are, the more diversity there is.
C. It is an open and objective attitude towards difference, be it difference of opinion, language, culture, age, or beliefs.
D. It is a measure of what percentage of various genders there are in the workplace.

Answer: C

Explanation:
1. What is Workplace Diversity?
* Diversity means recognizing and respecting differences among employees in culture, gender, language, skills, and experience.
* A diverse workplacevalues multiple perspectives and creates an inclusive environment for everyone.
2. Why is Diversity Important in the Workplace?
#Encourages creativity and innovation# Different backgrounds lead tounique ideas and problem-solving approaches.#Improves employee morale# Employees feelrespected and included, leading to better productivity.#Helps businesses connect with broader markets# Companies with diverse employees understand and serve global clients better.
3. Why Option A is Correct:
* Diversity is about having an open and objective attitude towards differences.
* Simply measuring numbers does not define true diversity.
4. Why Other Options Are Incorrect:
* B (Measuring different cultural groups)- Diversityis more than just cultural representation; it includes perspectives and experiences.
* C (Diversity is based on differences only)- True diversityis about inclusivity, not just differences.
* D (Diversity is about gender percentages)- Genderis one factor, but diversity includes age, language, experience, and perspectives.
Reference:
Canadian Centre for Diversity & Inclusion (CCDI) - Workplace Diversity Best Practices Ontario Human Rights Commission - Workplace Inclusion Strategies

NEW QUESTION # 120
One way to resolve ethical issues is to work through a framework built around the decision-making points in the problem-resolution process. At each step in the process, the framework provides additional guidance in identifying what the best option is. Which of the following questions might help you identify the most ethical action to take in a situation?

A. Would your boss take this action?
B. What would happen if everyone does something different?
C. Will this action make it easier or harder for other parties in the situation to do the right thing?
D. What would a new, inexperienced professional do in this situation?

Answer: C

Explanation:
Anethical decision-making frameworkensures professionals considerthe broader impact of their choices.
The best approachguides ethical behavior while promoting fairness, integrity, and professionalism.
Step-by-Step Breakdown:
1. The Ethical Decision-Making Framework in Engineering & Technology:
* Ethical frameworksevaluate actions based on fairness, legality, and impact on others.
* Key considerations:
* Public safety
* Transparency
* Long-term consequences
2. Why Ensuring Others Can Also Act Ethically Is Critical:
* Ethical behavior shouldcreate an environment where all professionals can act with integrity.
* Example:
* ACET working in software developmentdiscoversa security flawin a banking system.
* Instead ofhiding the issue or downplaying the risk, theydocument the concern and ensure other developers can address it properly.
* This actionprevents future ethical failuresby ensuringother team members are not pressured into making poor decisions.
3. Why Option C Is Correct:
* Ethical decision-makingshould make it easier for others to also do the right thing.
* Promotes a culture of integrity and responsibility.
4. Why Other Options Are Incorrect:
* A (Would your boss take this action?)- A boss'sactions are not always ethical or correct.
* B (What would an inexperienced professional do?)- Inexperienced professionalsmay not know best practices.
* D (What if everyone does something different?)- Ethical consistencyis important, but this question does not focus on ethical principles.
Reference:
OACETT Code of Ethics - Decision-Making Framework
Ontario Workplace Ethics Guidelines - Best Practices for Ethical Decision-Making

NEW QUESTION # 121
What is the most appropriate additional resource below that a professional can use to make an ethical decision?

A. The Code of Conduct for the organization for which the professional works.
B. News clips summarizing similar ethical situations.
C. Non-professional peers who can serve as confidantes.
D. Supportive family members.

Answer: A

Explanation:
When faced withan ethical dilemma, professionalsmust rely on formal guidelines and codes of conductto ensuretheir decisions align with industry standards and legal requirements.
Step-by-Step Breakdown:
1. Ethical Decision-Making in a Professional Setting:
* Ethical dilemmas in engineering and technologyoften involve conflicts between business interests, safety concerns, and regulatory compliance.
* Professionalsmust use structured ethical frameworks(e.g.,OACETT Code of Ethics, employer's Code of Conduct) rather than personal opinions or informal advice.
2. Why an Organization's Code of Conduct Is the Best Resource:
* A company'sCode of Conductis designedto address ethical situations specific to that organization.
* These codesalign with provincial and national laws, ensuring compliance with industry regulations.
* Example:
* ACET working in environmental engineeringis asked to approve awaste disposal method that violates sustainability guidelines.
* Consulting the company'sCode of Conductensures they followproper reporting procedures without violating professional obligations.
3. Why Option B Is Correct:
* A Code of Conduct provides structured guidelines for ethical decision-making.
* Ensures consistency and alignment with professional expectations.
4. Why Other Options Are Incorrect:
* A (Non-professional peers)- Friendsmay not understand industry-specific ethics.
* C (News clips)- News reportsare not a legal or professional standard.
* D (Family members)- Familymay provide moral supportbutcannot provide professional guidance.
Reference:
OACETT Code of Ethics - Ethical Decision-Making and Professional Conduct Ontario Engineering Ethics Act - Workplace Ethical Guidelines

NEW QUESTION # 122
......

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Trustable Authorized IEPPE Test Dumps, IEPPE 100% Exam Coverage

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OACETT Internationally Educated Professional Practice Exam Sample Questions (Q117-Q122):

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