May 2024 — Question 55
Which of the following statements about the reconciliation program is TRUE?
- AAn eligible importer must have a valid single transaction bond for each flagged entry and a valid reconciliation bond rider on file for each importer of record number at the time the entry summaries are flagged for reconciliation.
- BAn eligible importer must have a valid continuous bond for each flagged entry and a valid reconciliation bond rider on file for each importer of record number at the time the entry summaries are flagged for reconciliation.✓ CBP's answer
- CThe same surety and the same single transaction bond must cover all flagged entry summaries on one reconciliation entry.
- DThe same surety and any continuous bond must cover all flagged entry summaries on one reconciliation entry.
CBP's cited authority
§ ACE BRPD Chapter 10
Answer and citations as published in CBP's official answer key for the May 2024 examination.
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