OACETT IEPPE : Internationally Educated Professional Practice Exam

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OACETT IEPPE Exam Syllabus Topics:

OACETT Internationally Educated Professional Practice Sample Questions:

1. You are a member of OACETT, a principal in XYZ Company and also a member of a city council. The city council approves appropriations for projects undertaken by the city. One such project is an energy conservation project with a large potential reduction in energy costs. XYZ Company has established a good reputation in the energy conservation field. XYZ Company has submitted a proposal to the city council to provide services for this project under consideration.
Which of the statements below is the best decision and rationalization?

A) Advise your client that you need to think about their request and will get back to them shortly. Do not advise your employer of the client's request and work out by yourself the response you will give to the client on what, if anything, you can do for the client, or what other alternatives are possible. This allows you to respond in a fair and courteous manner to your client.
B) None of the options.
C) Advise your client that you must refuse any part of the client's offer but do not tell your employer for fear of causing a problem for your client. This allows you to respond in a fair and courteous manner to your client.
D) Advise your client that you need to think about their request and talk to your employer, and that you will get back to them shortly. Advise your employer of the client's request and work out with your employer the response you will give to the client on what, if anything, you can do for the client or on what other alternatives are possible. This ensures whatever is done occurs with the full knowledge of your employer and allows you to respond in a fair and courteous manner to your client.

2. What is an injunction?

A) A court order that restrains or prohibits a party from the performance of an act
B) An awards payment for damages in a breach of contract
C) A court order when monetary damages are deemed to be inadequate
D) A punishment for a party in breach of contract

3. What are the two types of humour that can be used in the workplace to build and maintain good relationships?

A) Satire and deadpan humour.
B) Affiliative humour and self-enhancing humour.
C) Discriminatory humour and self-deprecating humour.
D) Aggressive humour and self-defeating humour.

4. What is a bid deposit?

A) It is a specified amount of money submitted with a bid to ensure that the bid receives fair consideration from the tenderer.
B) It is a specified amount of money submitted with the bid to make sure the bidder will honor their bid if it is selected.
C) It is a specified amount of money submitted with a bid to indicate that it is a serious bid.
D) It is a specified amount of money submitted with a bid to ensure that the tenderer's evaluation costs are covered.

5. 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.
Once the business is running and profitable, which business form facilitates getting money out of the business while maintaining the business as a going concern?

A) A sole proprietorship, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
B) A partnership, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
C) A corporation, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.
D) A joint venture of two sole proprietorships, because they can declare dividends, sell some of their shares, and/or pay themselves a salary.

Solutions: