Part Tests Flashcards
A customs broker who is required to sumbit hard copy information to the CBSA, at an office where they are not licensed, must use a sub-agent to act on their behalf
True
Which is a valid Importer/Exporter business number?
987643521RM0001
The Customs Act dictates the length of time that a customs broker is responsible for retaining records.
False - The Customs Broker Licensing Regulations states the length of time that records must be kept.
The General Agencu Agreemet (GAA) and the Standard Trading Conditions (STC) are legally binding contracts
True
The three fre designate quizzes are all mandaroty in order to maintain your designation
False - not mandatory although
beneficial in garnering your points for personal professional delelopment
What form must be completed to fulfil the qualified officer’s position in a partnership in order to attend the Broker Licensing exam?
L55
What form does each principal of the company complete for the application to be come a customs broker?
L60
An importer and customs broker must retain their respective records for the same length of time under the legislation
True
What multi year implementation project provides a simplified process for assessing the collection of duty and tax?
CARM
Customs brokers require what from their clients in order to access the accounts CCP?
Delegated Access
What are the responsibilities of a customs broker?
Guide clients in their compliance
arrange for payment of Duty and Tax
prepare/submit import and export docs
act on behalf in matters relating to the CBSA
All partners compose of individuals must be at least 18, and have sufficient knowledge of the laws and procedures determined with teh Qualified Officer and Loss of Status Provisions of CBSA D1-8-1?
False - Only one partner is required to have sufficient knowledge.
Is a CCS a licensed Customs Broker?
False
Who is the party responsible for ensuring the correctness of the enty
The Importer
What are the 10 parts tests worth combined for you total mark?
20%