Customs broker exam terms Study guides, Class notes & Summaries

Customs Broker Exam Terms Questions with Correct Answers Liquidation - Answer-Customs exhausts all legal interest/closes case on entry broker - Answer-agent for a principal (importer of record/client) Importer of Record - Answer-client/owner of contents common carrier - Answer-transportation company open to the public; anyone can ship private carrier - Answer-transports exclusively; not for hire ex)Ford transporting own goods Bill of Lading - Negotiable - Answer-rare - shipping receip...

Customs Broker Exam Terms Questions with Correct Answers Liquidation - Answer-Customs exhausts all legal interest/closes case on entry broker - Answer-agent for a principal (importer of record/client) Importer of Record - Answer-client/owner of contents common carrier - Answer-transportation company open to the public; anyone can ship private carrier - Answer-transports exclusively; not for hire ex)Ford transporting own goods Bill of Lading - Negotiable - Answer-rare - shippin...

Customs Broker Exam Terms Questions with Correct Answers Liquidation - Answer-Customs exhausts all legal interest/closes case on entry broker - Answer-agent for a principal (importer of record/client) Importer of Record - Answer-client/owner of contents common carrier - Answer-transportation company open to the public; anyone can ship private carrier - Answer-transports exclusively; not for hire ex)Ford transporting own goods Bill of Lading - Negotiable - Answer-rare - shipping receip...

CTB Exam Questions & Answers 2023/2024 Export Declaration - ANSWER-This is filed w/ agency of exporting country, describing goods. Primarily used to collect trade statistics... Deck Receipt - ANSWER-Ship terminal gives for goods delivered; then held until goods are loaded into ship... Customs Invoice - ANSWER-Assessment information on shipments regarding duty charges Consumption Entry - ANSWER-this document is prepared by importing custom house broker for shipments requiring custom...

Customs Broker Exam Terms Questions with Correct Answers Liquidation - Answer-Customs exhausts all legal interest/closes case on entry broker - Answer-agent for a principal (importer of record/client) Importer of Record - Answer-client/owner of contents common carrier - Answer-transportation company open to the public; anyone can ship private carrier - Answer-transports exclusively; not for hire ex)Ford transporting own goods Bill of Lading - Negotiable - Answer-rare - shipping receip...

Customs Broker Exam 2023 Questions with Correct Answers Ch. 1 - The U.S. Customs Service The commercial importation of goods into American Samoa is governed by? - AnswerThe Government of American Samoa. 7.2 (b) What are the Customs Territories of the United States? - Answer-The States, District of Columbia, and the commonwealth of Puerto Rico. CFR 101.1 Where can you find Customs service ports and ports of entry? - Answer-CFR 101.3 When merchandise is imported into the U.S. Virgin Isla...

CPIM EXAM STUDY GUIDE 2024 |600| QUESTIONS WELL SOLVED For the past six months, a manufacturer has experienced deviations from its forecasts. The monthly forecast deviations for the past six months are as follows: 15, -6, 12, 8, -18, and -4 units. What is the mean absolute deviation for these months? ANS-To calculate the mean absolute deviation, first make each deviation positive and sum these absolute values: 15 + 6 + 12 + 8 + 18 + 4 = 63 units. Next divide by the number of periods (six): 63/6...

Customs Broker Exam Terms Questions with Correct Answers Liquidation - Answer-Customs exhausts all legal interest/closes case on entry broker - Answer-agent for a principal (importer of record/client) Importer of Record - Answer-client/owner of contents common carrier - Answer-transportation company open to the public; anyone can ship private carrier - Answer-transports exclusively; not for hire ex)Ford transporting own goods Bill of Lading - Negotiable - Answer-rare - shipping r...