CBLE Import Compliance and Risk Management 5

Question 1

A Focused Assessment (FA) conducted by CBP's Office of Trade evaluates an importer's internal controls. What is the primary objective of a Focused Assessment?

Accepted Answer

To assess whether the importer's compliance system adequately ensures legal trade obligations are met

Answer

A Focused Assessment evaluates the effectiveness of an importer's internal controls and trade compliance system to determine if it adequately ensures adherence to customs laws.

Question 2

Under 19 CFR Part 132, an absolute quota on a commodity means that goods arriving after the quota is filled will be treated how?

Accepted Answer

Held in a bonded warehouse until the next quota period opens

Answer

When an absolute quota is filled, goods may be held in a bonded warehouse or returned to the shipper, but they cannot enter U.S. commerce until the next quota period opens.

Question 3

Which executive agency has primary authority to administer and enforce Section 232 tariffs on national security grounds?

Accepted Answer

Department of Commerce

Answer

Section 232 of the Trade Expansion Act of 1962 authorizes the Department of Commerce to investigate national security threats from imports, with tariff actions taken by the President based on Commerce recommendations.

Question 4

A customs broker's license can be revoked by CBP for which of the following actions?

Accepted Answer

Willfully making false statements on a customs entry

Answer

Under 19 U.S.C. § 1641(d), willful misstatements, fraud, or gross negligence can result in license suspension or revocation, while isolated errors typically result in lesser penalties.

Question 5

An importer wishes to challenge the country-of-origin determination on a textile entry. Which is the correct initial step?

Accepted Answer

File a protest on CBP Form 19 within 180 days of liquidation

Answer

To challenge a CBP decision on a liquidated entry, including origin determinations, the importer files a protest on CBP Form 19 within 180 days of liquidation.

(CBLE) Customs Broker License Exam Practice Test

(CBLE) Customs Broker License Exam Practice Test

CBLE Import Compliance and Risk Management 5