October 2024 — Question 46
A foreign trade zone operator discovers missing merchandise from a lot within the zone. If a consumption entry was filed, the missing merchandise would have been subject to $500.00 in duties and taxes. What is the minimum amount of shortage in quantity of merchandise in a lot that requires a zone operator to file a written report to the port director immediately upon discovery?
- A1%✓ CBP's answer
- B5%
- C10%
- D20%
Why this answer
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CBP's cited authority
Answer and citations as published in CBP's official answer key for the October 2024 examination.
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