Part Tests Flashcards

1
Q

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

A

True

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2
Q

Which is a valid Importer/Exporter business number?

A

987643521RM0001

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3
Q

The Customs Act dictates the length of time that a customs broker is responsible for retaining records.

A

False - The Customs Broker Licensing Regulations states the length of time that records must be kept.

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4
Q

The General Agencu Agreemet (GAA) and the Standard Trading Conditions (STC) are legally binding contracts

A

True

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5
Q

The three fre designate quizzes are all mandaroty in order to maintain your designation

A

False - not mandatory although
beneficial in garnering your points for personal professional delelopment

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6
Q

What form must be completed to fulfil the qualified officer’s position in a partnership in order to attend the Broker Licensing exam?

A

L55

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7
Q

What form does each principal of the company complete for the application to be come a customs broker?

A

L60

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8
Q

An importer and customs broker must retain their respective records for the same length of time under the legislation

A

True

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9
Q

What multi year implementation project provides a simplified process for assessing the collection of duty and tax?

A

CARM

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10
Q

Customs brokers require what from their clients in order to access the accounts CCP?

A

Delegated Access

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11
Q

What are the responsibilities of a customs broker?

A

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

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12
Q

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?

A

False - Only one partner is required to have sufficient knowledge.

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13
Q

Is a CCS a licensed Customs Broker?

A

False

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14
Q

Who is the party responsible for ensuring the correctness of the enty

A

The Importer

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15
Q

What are the 10 parts tests worth combined for you total mark?

A

20%

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16
Q

Is the CSCB a department of the Government?

A

False

17
Q

Which piece of legislation states that a person may only account for goods and pay duties under section 32 of the Act as an agent, of the importer or owner of the goods where the person is licensed to transact business as a customs broker under subsection 9(1) of the Act?

A

Agents’ accounting for importer goods and payment of duties regulations

18
Q

How many years after importation must importer retain their documents related to goods that have been accounted for?

A

6

19
Q

In order to maintain their CCS designation a ccs designate must pay an annual renewal fee and obtain their yearly professional development points

A

True

20
Q

What is the fee for a customs broker licence to operate 6 offices in 5 customs areas?

A

$3000

21
Q

What section of the Customs Brokers Licensing Regulations list the circumstances upon which the Minister may cancel of suspend a brokers licence?

A

18