FFL Compliance Auditing & Self-Inspection 3

Question 1

When conducting a self-inspection of Forms 4473, which section should be checked to ensure the transferee certified that they are not a prohibited person?

Accepted Answer

Section B (Transferee Certification)

Answer

Section B of the Form 4473 contains the transferee's certification that all answers are true and that they are not a prohibited person under federal law.

Question 2

A self-inspection reveals that an FFL employee conducted a transfer and recorded a 'Y' (yes) response to the prohibiting question about felony conviction. What should the FFL do?

Accepted Answer

Report the transfer to ATF as a potential violation and preserve all records

Answer

A 'yes' answer to a prohibiting question on Form 4473 means the transfer was to a prohibited person and must be reported to ATF immediately while preserving all records.

Question 3

What information must be recorded in the bound book when a firearm is disposed of as a sale to a non-licensee?

Accepted Answer

The buyer's name, city and state, date of transfer, and Form 4473 transaction number

Answer

The A&D record disposition entry must include the transferee's name, city and state, date of transfer, and the Form 4473 transaction number.

Question 4

During self-inspection, an FFL finds a Form 4473 where Box 18 (type of firearm) lists 'pistol' but the bound book records the item as a 'revolver.' Which document controls for regulatory purposes?

Accepted Answer

Both must be corrected to match the actual firearm's ATF classification

Answer

Both the bound book and Form 4473 must accurately reflect the firearm's actual ATF classification; discrepancies in both must be corrected.

Question 5

An FFL's self-inspection shows a NICS denial was received but the firearm was still transferred. What is the FFL's reporting obligation?

Accepted Answer

Report the unlawful transfer to the ATF and local law enforcement immediately

Answer

Transferring a firearm after a NICS denial is a federal crime; the FFL must immediately notify ATF and cooperate with the investigation.

(FFL) Certified Federal Firearms License Specialist Practice Test

(FFL) Certified Federal Firearms License Specialist Practice Test

FFL Compliance Auditing & Self-Inspection 3