Customs Broker License Examination OCT EXAM questions with correct answers

Entry documents must be filed within _____________ calendar days of the date that a shipment arrives in the United States. A. 5 B. 7 C. 10 D. 15 E. 30 CORRECT ANSWER D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard the difference and liquidate "as entered" (De Minimis Rule). Under what Section of title 19 Code of Federal Regulations (19 CFR) would you find this authority? A. 19 CFR 141.1 B. 19 CFR 143.28 C. 19 CFR 145.26 D. 19 CFR 159.6 E. 19 CFR 171.62 CORRECT ANSWER D REFERENCE Ace Business