1|Page
CUSTOMS BROKERS AND INCOTERMS ACTUAL
2026/2027 || MOST RECENT EXAM ACTUAL
COMPLETE REAL VERIFIED EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ | GUARANTEED SUCCESS!!
NEWEST EXAM!!!
In Incoterms 2010, "delivery" is used to indicate the goods
have arrived at the buyer's premise.
A. True
B. False - Answer-B
Under EXW Incoterms®2010 the seller must:
A. Clear the goods for export
B. Organize and pay for carriage of goods to country of
import
C. Arrange for insurance of the goods in transit
D. Make the goods available at their warehouse - Answer-
D
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In FCA, buyer must pay a cost from point of delivery
including cost of export duties.
A. True
B. False - Answer-B
Under FAS, the buyer is responsible for:
A. Export clearance
B. Import clearance
C. Both export and import clearance - Answer-B
In CIF, seller must pay the costs and freight includes
insurance to bring the goods to...............; and risk is
transferred to the buyer once the goods are loaded on the
ship at ...........
A. port of loading, port of loading
B. port of discharge, port of discharge
C. port of discharge, port of loading
D. port of loading, port of discharge - Answer-C
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An exporter sells goods overseas on FCA and CPT
Incoterms 2010, respectively. Who is responsible for the
freight charges in each?
A. FCA - importer/ CPT - exporter
B. FCA - importer/ CPT - importer
C. FCA - exporter/ CPT - importer
D. FCA - exporter/ CPT - exporter - Answer-A
In FAS, seller deliver goods is placed alongside a vessel
appointed by buyer at destination port.
A. True
B. False - Answer-B
Under FOB, the seller is required to make a contract of
carriage for the goods.
A. True
B. False - Answer-B
CUSTOMS BROKERS AND INCOTERMS ACTUAL
2026/2027 || MOST RECENT EXAM ACTUAL
COMPLETE REAL VERIFIED EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ | GUARANTEED SUCCESS!!
NEWEST EXAM!!!
In Incoterms 2010, "delivery" is used to indicate the goods
have arrived at the buyer's premise.
A. True
B. False - Answer-B
Under EXW Incoterms®2010 the seller must:
A. Clear the goods for export
B. Organize and pay for carriage of goods to country of
import
C. Arrange for insurance of the goods in transit
D. Make the goods available at their warehouse - Answer-
D
,2|Page
In FCA, buyer must pay a cost from point of delivery
including cost of export duties.
A. True
B. False - Answer-B
Under FAS, the buyer is responsible for:
A. Export clearance
B. Import clearance
C. Both export and import clearance - Answer-B
In CIF, seller must pay the costs and freight includes
insurance to bring the goods to...............; and risk is
transferred to the buyer once the goods are loaded on the
ship at ...........
A. port of loading, port of loading
B. port of discharge, port of discharge
C. port of discharge, port of loading
D. port of loading, port of discharge - Answer-C
, 3|Page
An exporter sells goods overseas on FCA and CPT
Incoterms 2010, respectively. Who is responsible for the
freight charges in each?
A. FCA - importer/ CPT - exporter
B. FCA - importer/ CPT - importer
C. FCA - exporter/ CPT - importer
D. FCA - exporter/ CPT - exporter - Answer-A
In FAS, seller deliver goods is placed alongside a vessel
appointed by buyer at destination port.
A. True
B. False - Answer-B
Under FOB, the seller is required to make a contract of
carriage for the goods.
A. True
B. False - Answer-B
