What is the difference between 'overlook' and 'oversee'?

[zagor]

Test No. incompl/advan-4 "Newspaper Headlines", question 4

The boss was good enough to ......... my mistake.

(a) oversee
(b) overtake
(c) overdo
(d) overlook

Test No. incompl/advan-4 "Newspaper Headlines", answer 4

The boss was good enough to overlook my mistake.

Correct answer: (d) overlook

Your answer was: incorrect
The boss was good enough to oversee my mistake.
_________________________

since you explained that overlook means "fail to notice", how come the correct answer is overlook. So, meaning of sentence will be "Boss is fail to notice the staff's mistake"

[Torsten]

As explained in a previous answer, to overlook also means to excuse.

TOEIC listening, photographs: A vineyard