2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
A+
1. The failure of a corporate broker to D. 120
have at least one officer of the 19 CFR
corporation with a valid individual 111.45(a)
broker's license during any CUSTOMS
continuous period of days may result BROKERS
in the revocation (by operation of Revocation by operation of law.
law) of the li- cense and any permits
issued to the corpo- ration.
A. 180
B. 30
C. 100
D. 120
E. 90
2. Records of broker-related financial
transac- tions must be retained for at B. 5 years
least . 19 CFR 111.23 (a)(2)
A. 2 years CUSTOMS BROKERS
B. 5 years Retention of records.
C. 4 years
D. 1 year
E. 3 years
3. Requests for alternative methods of storage C. Charlotte, North Carolina
28217
for records required to be 19 CFR 163.5 (b)
maintained as original records (1)
must be made to the . RECORDKEEPIN
G
A.Port Director in the port where the records Methods for storage of
records.
will be stored
1/
198
,2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
B. Broker Management Branch A+
in
Washing- ton D.C.
C. Charlotte, North Carolina 28217
D. Director of Field Operations in the
District where the records will be
stored
E. National Finance Office in Indianapolis
2/
198
, 2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
A+
4. After John Smith, an individual licensed E. Engage in Customs business as Joh
bro- ker, receives approval from CBP Smith DBA First Time
for use of the trade name First Time, 19 CFR 111.30(c)
he may:
A. Present documents to CBP as John Smith, CUSTOMS BROKERS
AKA First Time LLP Notification of change of business
B. Execute powers of attorney as First ad- dress, organization, name, or
Time CHB, Inc. location of business records; status
report; termina-
C. Exercise Customs bonds in the name First tion of brokerage business
Time, Inc.
D. Submit CBP Form 7501 and CBP
Form 3461 forms to CBP as, John Smith
DBA First Time CHB, Inc.
E.Engage in Customs business as John
Smith DBA First Time
5. Customs business" does NOT A. Foreign Trade Zone admissio
include:
19 CFR 111.1; 171 Appendix C, Sectio
A. Foreign Trade Zone admissions II,
B. Classification and valuation D3
C. Drawback or refund of duties CUSTOMS BROKERS
D.Payment of duties, taxes or other charges Definitions.
E. Filing of a non-ABI CBP Form 7501
with a check attached
6. Juan Hembra is a customs broker at D. Leo's Lids, a New York company
ABC Brokers. He also owns and that imports and sells baseball
operates Hem- bra Hats, a brickand- caps to airport shops, hires Juan as
mortar store in Miami that imports their broker. Leo's Lids has no
and sells "Panama" hats from knowledge of Hembra Hats
3/
198
, 2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
A+ broker and Juan does not tell them
Ecuador. Before becoming a customs
about his
and importer, Juan worked for 10 business.
years as a Border Patrol Agent for 19 CFR § 111.31(c)
U.S. Customs and Border Protection,
stationed on the south-
4/
198
100% Verified Answers |Actual Complete Exam| Already Graded
A+
1. The failure of a corporate broker to D. 120
have at least one officer of the 19 CFR
corporation with a valid individual 111.45(a)
broker's license during any CUSTOMS
continuous period of days may result BROKERS
in the revocation (by operation of Revocation by operation of law.
law) of the li- cense and any permits
issued to the corpo- ration.
A. 180
B. 30
C. 100
D. 120
E. 90
2. Records of broker-related financial
transac- tions must be retained for at B. 5 years
least . 19 CFR 111.23 (a)(2)
A. 2 years CUSTOMS BROKERS
B. 5 years Retention of records.
C. 4 years
D. 1 year
E. 3 years
3. Requests for alternative methods of storage C. Charlotte, North Carolina
28217
for records required to be 19 CFR 163.5 (b)
maintained as original records (1)
must be made to the . RECORDKEEPIN
G
A.Port Director in the port where the records Methods for storage of
records.
will be stored
1/
198
,2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
B. Broker Management Branch A+
in
Washing- ton D.C.
C. Charlotte, North Carolina 28217
D. Director of Field Operations in the
District where the records will be
stored
E. National Finance Office in Indianapolis
2/
198
, 2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
A+
4. After John Smith, an individual licensed E. Engage in Customs business as Joh
bro- ker, receives approval from CBP Smith DBA First Time
for use of the trade name First Time, 19 CFR 111.30(c)
he may:
A. Present documents to CBP as John Smith, CUSTOMS BROKERS
AKA First Time LLP Notification of change of business
B. Execute powers of attorney as First ad- dress, organization, name, or
Time CHB, Inc. location of business records; status
report; termina-
C. Exercise Customs bonds in the name First tion of brokerage business
Time, Inc.
D. Submit CBP Form 7501 and CBP
Form 3461 forms to CBP as, John Smith
DBA First Time CHB, Inc.
E.Engage in Customs business as John
Smith DBA First Time
5. Customs business" does NOT A. Foreign Trade Zone admissio
include:
19 CFR 111.1; 171 Appendix C, Sectio
A. Foreign Trade Zone admissions II,
B. Classification and valuation D3
C. Drawback or refund of duties CUSTOMS BROKERS
D.Payment of duties, taxes or other charges Definitions.
E. Filing of a non-ABI CBP Form 7501
with a check attached
6. Juan Hembra is a customs broker at D. Leo's Lids, a New York company
ABC Brokers. He also owns and that imports and sells baseball
operates Hem- bra Hats, a brickand- caps to airport shops, hires Juan as
mortar store in Miami that imports their broker. Leo's Lids has no
and sells "Panama" hats from knowledge of Hembra Hats
3/
198
, 2026 Customs Study Set Broker Compliance with All Correct &
100% Verified Answers |Actual Complete Exam| Already Graded
A+ broker and Juan does not tell them
Ecuador. Before becoming a customs
about his
and importer, Juan worked for 10 business.
years as a Border Patrol Agent for 19 CFR § 111.31(c)
U.S. Customs and Border Protection,
stationed on the south-
4/
198
