Custom Broker's Mock Exam Questions With Complete Solutions

Custom Broker's Mock Exam Questions With Complete
Solutions

Advance Ruling can be made in three categories Correct
Answers Tariff Matters, Valuation of Goods, Origin of Goods

As a lincensee in the Port of Freeport, Grand Bahama, what is
the form necessary to clear bonded goods? (Form and number).
Correct Answers Entry for Goods Imported Conditionally Free
Under Hawksbill Creek Agreement

Calculate the duty on 1050 cases of 12/32 oz size bottles Miller's
Beer (US), valued at $3,957.40. Correct Answers (i) 12x32
(ii) 384/153.60
(iii) 2.5 x 1050
(iv) 2625 x $10
(v) 3957.40 x 10%
(vi) 26250 + 395.74

Calculate the duty on 1530 cases of 24/27.5 cl of Bud Beer
(US), valued at $9,006.00. Correct Answers (i) 27.5/100
(ii) .275 x 24
(iii) 6.6 x .22
(iv) 1.452 x 1530
(v) 2221,56 x $10
(vi) 9006 x 10%

Calculate the duty on 2 cases of Compari Bitters 57 proof(USP),
12/1 ltr, valued @ $230 Correct Answers i) 1 Ltr
(ii) 12x1
(iii) 12x.22

, (iv) 2.64x2
(v) 5.28 x 15

Calculate the duty on 60 cases of Absolut Vodka, 40% vol,,
720/37 cl, valued
at $1,014.00. Correct Answers (i) 37/100
(ii) .37 x 720.
(iii) 266.40 x .22.
(iv) .4 x 1.75.
(v) .70 x 58.608
(vi) 41.0256 x 60
(vii) 2461.536 x 15

Calculate the duty on 600 cases of 12/375 ml Ashbys Gin, 80
USP, valued at
$31,200.00 Correct Answers (i) 375/100
(ii) .375 x 12
(iii) 4.5 x .22
(iv) .8 x .875
(v) .99x.7
(vi) .693 x 600
(vii) 415.80 x 15

Can one Bill of Lading/Airway Bill be used to process three
different declaration type? Correct Answers YES, it can be
done by changing the weight and the pieces of the bill of lading

CPC Correct Answers Customs Procedure Codes

Explain the process and information needed for an expedited
shipment Correct Answers -To complete an Expedited shipment