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APEGS National Professional Practice Examination (NPPE) Exam Sample Questions (Q71-Q76):

NEW QUESTION # 71
What is the basic purpose of insurance?

A. To protect the public from personal liability and property damage
B. To help successful litigants recover legal costs
C. To leap assets beyond the risk of creditors
D. To spread and shift risk

Answer: D

Explanation:
The basic purpose of insurance is to spread and shift risk. This is fundamental to the concept of insurance, which pools the risk of financial losses from individual members of a large group, allowing them to share the financial risks associated with potential losses spread across all members .

NEW QUESTION # 72
A licensed professional sales engineer works for a large. International oil and gas service company. The professional Is responsible for setting up the company booth at an annual technical convention and engage; a third-party recruitment agency to hire a "Greeter" for the Booth. On the day of the convention, the Company's Vice-President (VP) of Marketing approaches the professional and informs them that the Greeter's ethnicity may be off-putting to clients and may hinder marketing efforts. The VP tells the professional to pay the Greeter for the day and contact the recruitment agency for a more suitable candidate.
Which of the following actions is best taken by the professional in this situation?

A. Decline the VP's request and report the incident to the Human Rights Commission.
B. Accept the VP's request, but report the incident to the company's Human Resource department.
C. Decline the VP's request and report the Incident to the company's Human Resource department.
D. Accept the VP's request, but encourage the Greeter to file a complaint with the Human Rights Commission.

Answer: C

Explanation:
The best action for a professional in this scenario is to decline the VP's request due to its discriminatory nature and report the incident to the company's Human Resources department. This ensures compliance with ethical standards and company policies against discrimination, upholding professional integrity while addressing the issue internally through proper channels .

NEW QUESTION # 73
A person would be committing Insider trading if the person

A. gave professional advice to company insiders
B. knowingly traded based on material Information undisclosed to the public
C. ware an executive purchasing shares in the company that the parson worked for
D. sold shares in a company following a news release, knowing the value of the shares would fall

Answer: B

Explanation:
Insider trading occurs when a person knowingly trades based on material information that has not been disclosed to the public (Option B). This action is considered unethical and illegal because it uses confidential information for financial gain, giving an unfair advantage over other investors who do not have access to this information. Regulations typically prohibit trading based on such insider knowledge to ensure fairness and transparency in the financial markets.

NEW QUESTION # 74
Professional engineers and geoscientists are not required to perform validation tests for software

A. open-sourced through an active online community
B. developed In-house oy another engineer or geoscientist
C. previously tested by a qualified team within the same company
D. commercially purchased by the same company

Answer: D

Explanation:
Professional engineers and geoscientists are not exempt from performing validation tests for software that is commercially purchased by the same company (Option D). Regardless of the software's source, engineers and geoscientists have a duty to ensure that any tool or software used in professional practice meets applicable standards and is suitable for its intended use, which includes validating even commercially acquired software.

NEW QUESTION # 75
A professional member wishing to use a former employer's confidential Information:

A. may submit the matter for an arbitration ruling.
B. must refrain from using it for a minimum of one year.
C. may disclose the information to others as long as the employee advises the former employer of the disclosure.
D. is still bound by the duty of confidence concept.

Answer: D

Explanation:
The correct answer is A, which states that a professional member is still bound by the duty of confidence concept. This principle is reinforced in professional codes of ethics, which mandate the protection of confidential information obtained through professional work. This duty persists even after the termination of the professional relationship with the employer, highlighting the importance of confidentiality in maintaining trust and integrity in the engineering profession. The use of a former employer's confidential information without explicit permission would constitute a breach of professional ethics and possibly legal repercussions.

NEW QUESTION # 76
......

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