CCS Course 2023 Questions With Complete Solutions

The CCS Designation is granted by: correct answer: The Canadian Society of Customs Brokers True or False: A CCS is a licensed customs broker correct answer: False True or False: A CCS is regulated by the government correct answer: False True or False: A CCS requires 20 professional development points to maintain the designation correct answer: True Records must be maintained for a period of at least: correct answer: 6 years True or False: A written agreement must be made for a customs broker to act of behalf of a client correct answer: True What is a sub-agent? correct answer: A sub-agent is a licensed customs broker, who may act on behalf of another customs broker, where that broker does not have an office. Is a sub-agent required for EDI Transmissions? correct answer: No What is a business number? correct answer: A 15 digit number, required for all businesses What is a business number made up of? correct answer: 15 characters, 9 digits, 2 letters and 4 digits What do the letters identify in the BN? correct answer: The account type RM: correct answer: Import/Export account RP correct answer: Payroll deductions RR correct answer: Charity RT correct answer: GST RZ correct answer: Information return Who issues a BN? correct answer: CRA What two divisions did the CCRA (Canada Customs and Revenue Agency) split into? correct answer: CRA & CBSA Who does the CBSA report to? correct answer: Public Safety What is the purpose of the CRA? correct answer: To administer tax programs & to strive for fairness in it's tax administration policies & law.