CCP Tariff & Rate Card Management 2 — Questions and Answers
Question 1: In CargoWise, which field on a Rate Card header controls the currency in which all charges under that card are expressed?
- Billing Currency
- Rate Currency (Correct answer)
- Invoice Currency
- Local Currency
Correct answer: Rate Currency
The Rate Currency field on the Rate Card header defines the currency in which all charge rates stored on that card are denominated.
Question 2: A freight company wants a rate card to apply only to FCL shipments. Which attribute should be set at the rate card level to enforce this?
- Container Mode = FCL (Correct answer)
- Transport Mode = Sea
- Shipment Type = FCL
- Cargo Type = Container
Correct answer: Container Mode = FCL
Setting Container Mode to FCL on the rate card restricts it from being auto-matched to LCL or other container modes.
Question 3: When entering a weight-break tariff in CargoWise, what does the 'Minimum' field on a charge line represent?
- The lowest chargeable weight bracket
- The minimum charge amount even if the calculated rate is lower (Correct answer)
- The minimum quantity of shipments required
- The floor rate before surcharges apply
Correct answer: The minimum charge amount even if the calculated rate is lower
The Minimum field sets a floor charge ensuring the billed amount never falls below that value regardless of the calculated weight-based result.
Question 4: Which CargoWise function allows you to copy an existing tariff and adjust rates by a percentage for a new validity period?
- Tariff Rollover
- Rate Card Duplication with Markup
- Copy Tariff with Rate Adjustment (Correct answer)
- Tariff Version Clone
Correct answer: Copy Tariff with Rate Adjustment
Copy Tariff with Rate Adjustment lets users duplicate a tariff and apply a percentage uplift or reduction to all rates simultaneously.
Question 5: In CargoWise tariff management, what does the 'Creditor' field on a buying rate card identify?
- The client being invoiced for the service
- The carrier or vendor being paid for the service (Correct answer)
- The bank account for settlement
- The branch that owns the tariff
Correct answer: The carrier or vendor being paid for the service
The Creditor field on a buying rate card links the tariff to the vendor or carrier whose costs are being captured.
Question 6: A rate card in CargoWise has both an 'Effective From' and 'Effective To' date. What happens when a shipment date falls outside this range during auto-rating?
- The system uses the closest valid rate card automatically
- The rate card is skipped and no charge is applied (Correct answer)
- An error prevents the shipment from being saved
- The user is prompted to select a rate manually
Correct answer: The rate card is skipped and no charge is applied
CargoWise excludes rate cards outside their validity window during auto-rating, so no charge is applied and the user must resolve the gap manually.
Question 7: Which rating basis in CargoWise is used when a charge should be calculated per container, regardless of the container's weight or volume?
- Per Kilogram
- Per Container (Correct answer)
- Per TEU
- Flat Rate
Correct answer: Per Container
The 'Per Container' rating basis applies a fixed rate for each container unit, independent of cargo weight or volume.
In CargoWise, which field on a Rate Card header controls the currency in which all charges under that card are expressed?