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Latest Update Bahamas Customs Broker License Examination Oct Exam|| 80 Actual Questions & Correct Detailed Answers || Graded A+.

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BAHAMAS CUSTOMS BROKER LICENSE EXAMINATION OCT EXAM|| 80 ACTUAL QUESTIONS & CORRECT DETAILED ANSWERS || GRADED A+. 1. 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: D REFERENCE Ace Business Rules Section 1.3 Entry Filing 2. 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: D REFERENCE Ace Business Rules Section 1.15 Collections, 19 CFR § 159.6 3. Electronic Data Interchange (EDI) is available for the transmission of single transaction eBonds. What is the activity code for an Importer Security Filing (ISF) eBond? A. 3 B. 6 C. 8 D. 10 E. 16: E REFERENCE Ace Business Rules Section 3.5 eBonds

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1. 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: D
REFERENCE Ace Business Rules Section 1.3 Entry Filing
2. 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: D
REFERENCE Ace Business Rules Section 1.15 Collections, 19 CFR § 159.6
3. Electronic Data Interchange (EDI) is available for the transmission of single
transaction eBonds. What is the activity code for an Importer Security Filing
(ISF) eBond?
A. 3
B. 6
C. 8
D. 10
E. 16: E
REFERENCE Ace Business Rules Section 3.5 eBonds

,4. To submit a Post Summary Correction (PSC), the original entry summary or
previously filed PSC must meet ALL the following criteria, EXCEPT:
A. Entry summary must be in accepted status.
B. Entry summary cannot be under a CBP review.
C. Entry summary must be in CBP control.
D. Entry summary must be fully paid.
E. Entry summary must be liquidated.: E
REFERENCE Ace Business Rules Section 7.2
5. . Which class of customs warehouse allows for bonded bins or parts of
buildings or of elevators to be used for the storage of grain?

,A. 1
B. 3
C. 5
D. 7
E. 9: C
REFERENCE 19 CFR § 19.1(a)(5)
6. . A or unique identifier will be used to identify and trace
merchandise within a Foreign Trade Zone.
A. CBP Form 214
B. Customs in-bond seal
C. Zone lot number
D. Lot file
E. CBP Form 3461: C
REFERENCE 19 CFR § 146.23
7. allows for delivery of merchandise to a Foreign Trade
Zone without prior application and approval on CBP Form 214.
A. Temporary deposit
B. CBP Form 7501
C. A weekly permit
D. First-in-first-out (FIFO)
E. Direct delivery: E
REFERENCE 19 CFR § 146.39
8. With regards to a Foreign Trade Zone, the term refers to a
person or firm using a zone or subzone for storage, handling, or processing
of merchandise.
A. Unique identifier
B. Guard service
C. User
D. Bonded carrier
E. Operator: C
REFERENCE 19 CFR § 146.1
9. What is the appropriate country of origin marking for a pair of shoes
manufactured in China and imported with its unsealed shoebox that reads
"Kicks! America's Favorite Sneaker"?
A. Shoes must be marked with country of origin; shoebox is exempt from
country of origin marking.
B. Shoes are exempt from country of origin marking.
C. Both the shoebox and shoes must be marked with country of origin.
D. Only the shoebox must be marked with country of origin.

, E. Shoes and shoebox can be marked with a sticker stating the country of
V V V V V V V V V V V V


origin: C
V V


REFERENCE 19 CFR § 134.46 V V V V


10. An arts and crafts store will be importing a container of 150 four-hole
V V V V V V V V V V V V


rim buttons that are three inches in diameter and one half inch thick from
V V V V V V V V V V V V V V


France. Each button is imported in its own separate, sealed paper envelope.
V V V V V V V V V V V V


The store will sell the envelopes of buttons in a large bin mixed with other
V V V V V V V V V V V V V V V


envelopes of buttons. Where must the importer mark the country of origin of
V V V V V V V V V V V V V


the buttons?
V V


A. On the front rim of the button
V V V V V V


B. On the outermost display bin that will contain the envelopes of buttons
V V V V V V V V V V V


C. On the outer edge of the button
V V V V V V


D. On the envelope containing the button
V V V V V


E. On the back of the button: DV V V V V V


REFERENCE 19 CFR § 134.33
V V V V V


11. Petitions for relief from seizures must be filed within V days from the V V V V V V V V V V


date of mailing of the notice of seizure.
V V V V V V V V


A. 15
B. 30
C. 45
D. 60
E. 90: B V


REFERENCE 19 CFR § 171.2(b) V V V V


12. What is the time limit after the date of sale for filing a petition for restoration
V V V V V V V V V V V V V V V


of proceeds of sale?
V V V V


A. 1 month V V


B. 2 monthsV V


C. 3 monthsV V


D. 5 monthsV V


E. 8 months: C
V V V


REFERENCE 19 CFR § 171.42 V V V V


13. Supplemental petitions filed in cases involving violations of 19 USC V V V V V V V V V


1641 where the amount of the penalty assessed exceeds $10,000 will be
V V V V V V V V V V V V


forwarded to
V . V


A. Local Fines, Penalties and Forfeiture Officer, Office of Field Operations
V V V V V V V V V


B. Broker Management Branch, Trade Policy and Programs, Office of Trade
V V V V V V V V V


C. FP&F Branch, Office of Field Operations, HQ
V V V V V V


D. Import Analysis Branch, Center of Excellence and Expertise, Office of Field
V V V V V V V V V V


Operations
V


E. Chief, Penalties Branch, Border Security and Trade Compliance Division,
V V V V V V V V

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