Practice Test Geeks(CE) Certified Exporter Practice Test
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International Shipping & Logistics Management Flashcards

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  1. Which Incoterm requires the seller to deliver goods on board the vessel at the named port of shipment, with the buyer bearing all costs and risks from that point?

    Answer: FOB (Free On Board)

    Under FOB, the seller's responsibility ends once goods are loaded on board the vessel at the named port, and the buyer assumes all costs and risks thereafter.

  2. What document serves as both a receipt for cargo and a contract of carriage between a shipper and an ocean carrier?

    Answer: Bill of lading

    A bill of lading serves as a receipt for goods, a contract of carriage, and a document of title in ocean freight shipments.

  3. A US exporter ships goods via air freight. Which organization's regulations govern the air waybill used for this shipment?

    Answer: International Air Transport Association (IATA)

    IATA establishes the standards for air waybills and governs the conditions of carriage for international air freight shipments.

  4. What is the primary purpose of a freight forwarder in an export transaction?

    Answer: To arrange transportation and handle logistics on behalf of the exporter

    A freight forwarder acts as an agent for the exporter, coordinating transportation, preparing shipping documents, and managing logistics.

  5. Under a CIF Incoterm, which party is responsible for arranging and paying for marine cargo insurance?

    Answer: The seller

    Under CIF (Cost, Insurance and Freight), the seller must procure and pay for minimum cargo insurance coverage to the named destination port.

  6. What is LCL shipping in the context of ocean freight?

    Answer: Cargo from multiple shippers consolidated into one container

    LCL (Less than Container Load) means cargo from multiple shippers is consolidated into a single container, with each shipper paying for their portion of space.

  7. Which document provides detailed information about the contents, weight, and dimensions of each package in an export shipment?

    Answer: Packing list

    A packing list details the contents, quantity, weight, and dimensions of each package, helping customs and the consignee verify the shipment.

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Sources & references

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  1. icpainc.org — Test delivery, registration deadline, score release, exam information · verified Nov 2026
  2. onetonline.org — Eligibility, renewal, score validity · verified Nov 2026