May 2024 — Question 43
Yellow Submarine Brokerage (YSB), a Customs broker with filer code YS1 assisted its importer client, Classy Duds, in obtaining bond No. 24C001ZZZ (bond), pictured above. For which ONE of the following entries will Bond No. 24C001ZZZ be effective?
- AYellow Submarine Brokerage (YSB) files entry type 01 for Classy Duds on an air shipment of commercial goods valued at $25,000.00 that arrived on December 29, 2023, and cleared the next day.
- BYSB receives documents for Classy Duds regarding an ocean shipment of commercial goods valued at $500,000.00 on January 31, 2024. The ocean shipment is due to arrive in ten (10) days. It arrives as scheduled and clears.✓ CBP's answer
- CYSB filed entry / entry summary information along with the payment of duties, taxes, and fees on a Classy Duds shipment valued at $245.00 on January 31, 2024 and the shipment liquidated on February 9, 2024.
- DYSB pre-filed entry / entry summary information for Classy Duds on an ocean shipment valued at $300,000.00 on December 27, 2023. The ocean shipment is scheduled to arrive on January 20, 2024. The shipment arrives as scheduled and clears immediately.
CBP's cited authority
§ 19 CFR 113.26(c)
Answer and citations as published in CBP's official answer key for the May 2024 examination.
Reading answers is easy. The exam is 80 of these in 4.5 hours.
Pass rates run 12–30%. Find out in 15 minutes whether you'd clear the 75% line today — free, no signup.