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It states the exam contains 80 multiple-choice questions with a 75% minimum passing score, allows no penalty for guessing, and all questions have a single best answer. It lists required reference materials, grants 4.5 hours (270 minutes) to complete, and adds six voluntary process evaluation questions that do not affect scores.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/customs-broker-license-examination-october-2024/340830/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/customs-broker-license-examination-october-2024/340830.png","ImageObject",300,407,{"name":92,"@type":93},"Dozel","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-28","2026-09-22",true,{"@type":102,"interactionType":103,"userInteractionCount":39},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"How many questions are in the examination, and what is the passing score?","Question",{"text":112,"@type":113},"The examination consists of 80 questions, and the minimum passing score is 75%.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Are you penalized for guessing on answers?",{"text":117,"@type":113},"No. There is no penalty for guessing, so you should attempt to answer every question.",{"name":119,"@type":110,"acceptedAnswer":120},"How much time is allowed to complete the exam and the optional survey questions?",{"text":121,"@type":113},"You have 4.5 hours (270 minutes) for the 80 exam questions. The six voluntary process evaluation questions should take no longer than 5 minutes and do not affect scores.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},340830,1790500859,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":39,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145,"preview_page_count":4},962085662650,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","CBP Publication: 3887-1124  \nOctober 23, 2024  \nU.S. CUSTOMS AND BORDER PROTECTION  \nCustoms Broker License Examination  \nDIRECTIONS-READ CAREFULLY  \nThis examination consists of 80 questions. The minimum passing score is 75% . For each question, choose the letter representing your answer (A, B, C, or D) . There is no penalty for guessing; therefore, you should attempt to answer every question. Each question has a single best answer.  \nYou are responsible for having the following references:  \nA) Harmonized Tariff Schedule of the United States (2024 Basic Edition, No Supplements)(HTSUS)  \nB) Title 19, Code of Federal Regulations (2023 Revised as of April 1, 2023) (Parts 1 to 140)(Parts 141 to 199) (Parts 200 to End)  \nC) ACE Entry Summary Instructions Version 2.4a (ACE ES)  \nD) Right to Make Entry (RTME) Directive 3530-002A  \nE) ACE Entry Summary Business Rules and Process Document (Trade-External 12.0, December 2023 (Chapters 1 through 24) (ACE BRPD)  \nYou have four and a half (4.5) hours (270 minutes) to complete this examination.  \nIn addition to the 80 exam questions, U.S. Customs and Border Protection (CBP) will be administering six voluntary process evaluation questions at the end of the exam. The questions should take no longer than 5 minutes to complete. The purpose of the survey questions is to inform future testing processes. These survey questions are voluntary and will have NO impact on your scores.  \nSection 2: Customs Broker License Examination  \nCategory I –Broker Compliance Category II –Practical Exercise  \nCategory III –Modernized Drawback  \nCategory IV –Classification  \nCategory V –Entry / Entry Summary  \nCategory VI –Valuation, Appraisement and Duty Assessment  \nQuestions 1-15  \nQuestions 16-20  \nQuestions 21-25  \nQuestions 26-40  \nQuestions 41-65  \nQuestions 66-80  \nCategory I –Broker Compliance  \n1. Which ONE of the following permits constitute sufficient permit authority for a customs broker to conduct customs business within the customs territory of the U.S.?  \nA) National permit  \nB) Association or corporation permit  \nC) Partnership permit  \nD) No permit  \n2. Who must exercise responsible supervision and control over the transaction of customs business of an association or corporation that is a broker?  \nA) All employees ofa licensed association or corporation who also hold a customs broker license.  \nB) Only licensed employees who are also the license qualifier and/or permit qualifier for the association or corporation.  \nC) Every officer of a licensed association or corporation, even if the officer is not a licensed broker.  \nD) Every licensed officer of a licensed association or corporation.  \n3. While preparing the entry documents for a shipment on behalf of its client Angel Industries (Angel), Shady CHB (Shady) sees that the insurance value for the shipment is significantly lower than the commercial invoice value. In response to Shady's inquiry concerning the differences, Angel explains that there are two commercial invoices for the shipment. The first commercial invoice is the real invoice from the shipper which shows the lower amount that is used for insurance purposes. The second commercial invoice is created by Angel at a higher amount and is used as the invoice for calculating Customs value and upon which it pays the duties, taxes, and fees. Angel explains that it uses the two invoice system in its accounting records to reduce its reportable profit for income tax purposes. Shady's attorney advises Shady to terminate its relationship with Angel because the “double invoice scheme”is fraudulent. Of the choices below, what is Shady's best next step?  \nA) Shady documents the double invoice scheme and immediately terminates its relationship with Angel and reports to CBP the client's name, date of termination, and the reason for the termination.  \nB) Shady will file the entry using the lower, correct value and will advise Angel that they will only file entry in the future using the actual invoice fr","cbCaiuOllAUiXdo5","https://ap.wps.com/l/cbCaiuOllAUiXdo5","pdf",651628,33,"English","# Directions\n## References Required\n## Timing and Passing Score\n## Voluntary Process Evaluation Questions\n# Section 2: Customs Broker License Examination\n## Category I – Broker Compliance\n## Category II – Practical Exercise\n## Category III – Modernized Drawback\n## Category IV – Classification\n## Category V – Entry / Entry Summary\n## Category VI – Valuation, Appraisement and Duty Assessment\n## Questions 1-15\n## Questions 16-20\n## Questions 21-25\n## Questions 26-40\n## Questions 41-65\n## Questions 66-80","[{\"question\":\"How many questions are in the examination, and what is the passing score?\",\"answer\":\"The examination consists of 80 questions, and the minimum passing score is 75%.\"},{\"question\":\"Are you penalized for guessing on answers?\",\"answer\":\"No. There is no penalty for guessing, so you should attempt to answer every question.\"},{\"question\":\"How much time is allowed to complete the exam and the optional survey questions?\",\"answer\":\"You have 4.5 hours (270 minutes) for the 80 exam questions. The six voluntary process evaluation questions should take no longer than 5 minutes and do not affect scores.\"}]","Customs Broker License Examination - October 2024 | PDF",1790039076,83]