CUSTOMS BROKER LICENSE EXAMINATION OCT EXAM 2026 || MOST RECENT EXAM ACTUAL COMPLETE REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ | GUARANTEED SUCCESS!! NEWEST EXAM | JUST RELEASED!!

CUSTOMS BROKER LICENSE EXAMINATION OCT
EXAM 2026 || MOST RECENT EXAM 2026-2027
ACTUAL COMPLETE REAL EXAM QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ | GUARANTEED SUCCESS!!
NEWEST EXAM | JUST RELEASED!!


A broker files a transportation and exportation entry for a
shipment of merchandise on March 1, 2021. This shipment
arrives at the Port of Chicago the next day on March 2nd to
move under bond in two portions to be exported from the Port
of Charleston. The first portion leaves the Port of Chicago the
next day on March 3rd and arrives at the Port of Charleston on
March 7th. The second portion leaves the Port of Chicago on
March 5th and arrives at the Port of Charleston on March 9th.
CBP has not granted an extension for this merchandise. By
which date must the merchandise covered by the
transportation and exportation bond be exported from the port
of Charleston?
A. March 16th

B. March 17th

C. March 20th

D. March 22nd

E. March 24th - ANSWER-E

REFERENCE 19 CFR § 18.20(f)

,How much is the maximum administrative penalty, in terms
of total actual, or
potential loss of revenue, for a person who seeks, induces,
or affects the
payment of drawback by fraud or
negligence?
A. 2 times the total, actual, or potential loss

of revenue
B. 3 times the total, actual, or potential loss

of revenue
C. 4 times the total, actual, or potential loss
of revenue
D. 5 times the total, actual, or potential loss
of revenue
E. 10 times the total, actual, or potential loss of revenue
- ANSWER-B
REFERENCE 19 CFR §
191.62


All records which pertain to the filing of a drawback claim or to
the information contained in the records in connection with the
filing of a drawback claim must be retained for ____ after
liquidation of such claims or longer period if required by law.
A. 180 calendar days

B. 5 years

C. 4 years

D. 3 years

E. 1 year - ANSWER-D

REFERENCE 19 CFR § 190.15 Question Answer Citations

,A Notice of Intent to Export, Destroy, or Return Merchandise
for Purposes of Drawback on CBP Form 7553 for merchandise
that is going to be destroyed, shall be filed by the claimant with
the CBP port where the destruction is to take place at least
_______ working days prior to the date of intended destruction.
A .................................................................................................... 29
B .................................................................................................... 29
C .................................................................................................... 29
D .................................................................................................... 29
E. 14 - ANSWERREFERENCE 19 CFR § 190.71(a), 19 CFR §
191.71(a) .............................................Error! Bookmark not defined.




Each manufacturer or producer submitting a letter of
notification of intent to operate under a general
manufacturing drawback ruling must provide the following
specific detailed information, EXCEPT: A. Basis of claim
used for calculating drawback
B. Name and address of manufacturer or producer

C. Locations of the factories which will operate under the letter

of notification
D. Internal Revenue Service Number (IRS)

E. Issuance date of the general manufacturing drawback ruling -

ANSWER-E REFERENCE 19 CFR § 190.7(b)(3), ii, iii, vii, viii


Except when another period is fixed by law or regulations, any
document for the

, production of which a bond or stipulation is given must be
delivered within
______ days from the date of notice from CBP requesting such
document, or within any extension of such time which may be
granted pursuant to 19 CFR 133.43(a).
A. 15

B. 30

C. 45

D. 60

E. 120 - ANSWER-E

REFERENCE 19 CFR § 113.42


Which statement is TRUE concerning Customs Bonds?
A. The surety, as well as the port director, remains liable on a

terminated bond for obligations incurred prior to termination.
B. A surety on a CBP bond which is in default may be accepted

as surety on other CBP bonds only to the extent that the
surety assets are unencumbered by the default.
C. The principal may list on the bond trade names and the

names of unincorporated divisions of the corporate principal
which have a separate and distinct legal status who are
authorized to use the bond in their own name.
D. A continuous bond is effective on the effective date identified

on CBP Form 368.
E. Continuous bond applications must be submitted to the

Commissioner of
Customs - ANSWER-B
REFERENCE 19 CFR § 113.38(b)