NPPE Practice Questions

A.  

It has the greatest freedom from regulations when compared with other business structures.

B.  

It is considered a separate legal entity whereas other business structures are not.

C.  

It requires a large working capital in order to get the business started.

D.  

There is no lack in continuity of the business if the owner is absent.

A.  

An international treaty is irrevocable, with all states that have ratified the agreement bound to treaty regulations until the treaty expiry.

B.  

An international treaty applies not only to the states that have ratified the agreement but to all their trading partners as well.

C.  

An international treaty applies only at the federal level, and provinces or territories are not required to comply with it.

D.  

An international treaty applies only to countries that consent to and have formerly ratified the treaty.

A.  

A peer review can be conducted as an internal procedure utilizing staff from other departments of the same organization.

B.  

A peer review is a mandatory and legal requirement for assessment of professional competence of individuals and organizations.

C.  

A peer review is a special effort, not a routine process, that has a specific purpose, scope, format, duration, and reporting requirement.

D.  

A peer review is generally done by a person or group with a similar level of technical or managerial expertise as the party being reviewed.