CMC Storage & Warehousing Services Flashcards
6 cards from real CMC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CMC Storage & Warehousing Services flashcards as text
What is the term for storage where the moving company charges a monthly fee and the customer's goods remain indefinitely?
Answer: Permanent storage
Permanent storage has no defined end date and is billed on a monthly or annual basis for long-term warehousing of customer goods.
Which storage method places an individual customer's goods in a sealed wooden container within a larger warehouse?
Answer: Vault storage
Vault storage isolates a single customer's goods in a sealed wooden vault or container, preventing co-mingling with other shipments.
When calculating storage charges, what unit is most commonly used for household goods warehousing?
Answer: Hundredweight (CWT) per month
Storage charges for household goods are typically calculated on a per-hundredweight (CWT) per month basis using the shipment's net weight.
A customer requests that the moving company access their stored goods to retrieve a single item. What charge applies?
Answer: Handling or partial delivery charge
Accessing stored goods for a partial delivery or single-item retrieval incurs a handling or partial delivery charge due to the labor involved.
What document serves as the legal receipt for goods accepted into long-term warehouse storage?
Answer: Warehouse receipt
The warehouse receipt is the legal document that serves as both a receipt and a contract between the warehouse operator and the customer for stored goods.
Which factor most directly determines the monthly cost of storage for a household goods shipment?
Answer: The net weight of the shipment
Monthly storage costs are calculated based on the net weight of the shipment multiplied by the applicable CWT rate.