Practice Test Geeks(CBLE) Customs Broker License Exam Practice Test
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Regulatory Compliance Flashcards

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  1. Under the Anti-Dumping and Countervailing Duty (AD/CVD) regulations, a customs broker that misclassifies merchandise to avoid AD/CVD deposits could face penalties under which statute?

    Answer: 19 USC 1592

    Misclassification to avoid AD/CVD constitutes a material false statement on an entry, making it a violation of 19 USC 1592.

  2. Which of the following is a requirement for a customs broker to maintain a valid district permit under 19 CFR 111.19?

    Answer: Maintaining a physical office open to CBP inspection in the permit district

    Under 19 CFR 111.19, a district permit requires the broker to maintain an office in the district that is accessible to CBP.

  3. What is the standard time period CBP has to liquidate a consumption entry after the date of entry?

    Answer: One year

    Under 19 USC 1504, CBP generally has one year from the date of entry to liquidate a consumption entry.

  4. A customs broker is asked to prepare an entry for goods that the broker suspects may be counterfeit. What is the broker's appropriate action?

    Answer: Refuse to file the entry and advise the client of the legal risks

    A broker who suspects goods are counterfeit must decline to participate and advise the importer of the legal consequences under the Lanham Act and 19 USC 1526.

  5. Under 19 CFR 111.24, what is a customs broker prohibited from doing with respect to fees?

    Answer: Splitting fees with unlicensed persons for customs business referrals

    19 CFR 111.24 prohibits fee-splitting arrangements with unlicensed individuals as compensation for referring customs business.

  6. Which section of the Tariff Act of 1930 addresses the country of origin marking requirements for imported merchandise?

    Answer: Section 304

    Section 304 of the Tariff Act (19 USC 1304) requires that imported articles be marked with their country of origin in a conspicuous location.

  7. Under 19 CFR 152.103, which method of customs valuation must be used first when appraising imported merchandise?

    Answer: Transaction value of the imported merchandise

    The transaction value of the imported merchandise is the primary method under 19 USC 1401a and must be used before any alternative methods.