Customs Brokers Licensing Regulations and Canadian Government Agencies, Exams of Marketing

Download Customs Brokers Licensing Regulations and Canadian Government Agencies and more Exams Marketing in PDF only on Docsity! CCS Quiz 1 Exam with 45 Questions & Verified Answers. 5. _________________________, or any person designated by _____________ May issue a license to transact business as a customs broker to anyone qualified in accordance with the Customs Brokers Licensing Regulations. a. The Canada Border Services Agency; the Canada Border Services Agency b. The Minister of Public Safety; the Minister c. The Department of Finance Canada; Finance Canada d. The Canada Revenue Agency; the Canada Revenue Agency e. Industry Canada; Industry Canada - Correct answer b. 6. Which D Memorandum contains information about the Licensing of Customs Brokers? a. D1-4-1 b. D1-8-1 c. D1-16-2 d. D1-8-3 e. D8-1-2 - Correct answer b. 7. Customs brokers are licensed under ______________________ of the _____________________. A. section 3; Customs Tariff B. section 4; Special Import Measures Act C. section 9; Customs Act D. section 42; Canada Border Services Agency Act E. section 101; Canada Shipping Act - Correct answer c. 9. Canada's new food allergen labelling regulations came into force on ___________________. a. August 4, 2012 b. November 5, 2013 c. July 30, 2012 d. April 19, 2013 e. June 29, 2012 - Correct answer a. 10. There are five criteria that must be met for an individual to be granted a customs brokerage license. Which of the following statements is not one of those criteria? a. An individual must be of good character. b. An individual must be at least 18 years of age. c. An individual must have a net income before taxes exceeding $200,000 in the most recent calendar year. d. An individual must have passed the Customs Brokers Professional Examination. e. An individual must be a citizen or permanent resident of Canada. - Correct answer c. 11. To apply for a customs brokers' license, application form ______ must be filed. a. A6 b. A8A-B c. B3-3 d. B232 e. L53 - Correct answer e. 12. An Application for a Customs Brokers License must be accompanied by security In the amount of _____________________. A. $10,000.00 B. $650.00 C. $1,300.00 D. $50,000.00 E. $250,000.00 - Correct answer d. 13. A customs broker's license must be renewed ________________. A. bi-annually B. every five years C. every 10 years D. annually E. every four years - Correct answer d. 14. A customs brokerage firm may use their own customized agency agreement as long as the content includes the information set out in ____________________. a. D10-14-8 b. D4-1-4 c. D17-1-1 d. D5-1-5 e. D1-6-1 - Correct answer ...e. 15. Customs brokers must keep records relating to the importation of goods for a period of _____________________________________________________. A. four years from the date the goods were shipped directly to Canada B. six years after the importation of the goods to which the information relates C. five years from the end of the year in which the goods were imported D. one year after the importation of the goods to which the information relates E. six years from the end of the year in which the goods were import - Correct answer ...b. 16. __________________ became the Minister of Public Safety on July 15, 2013. A. Mr. Pram Gill B. Mr. Steven Blamey C. Mr. Luc Porte lance D. Mr. Michael Chong E. Ms. Gail Shea - Correct answer ...b. 28. The mission of the Privy Council is to provide non-partisan advice and support to the Prime Minister and Cabinet. a. True b. False - Correct answer ...a. 29. CBSA identifies an importer by their __________________. A. transaction number B. tariff classification c. Order-in-Council d. Business Number E. tax payer registry number - Correct answer ...d. 30. Members of the Privy Council are appointed _________________________. A. for life B. for a maximum period of five years C. until they reach the age of 75 years D. for a maximum period of ten years E. until they reach the age of 65 years - Correct answer ...a. 31. The current Minister of National Revenue is ___________________. A. Mr. Luc Porte lance B. Mr. John Baird C. Mr. Hubert LA Croix D. Ms. Kerry-Lynne Findlay E. Mr. Mark Carney - Correct answer ...d. 32. Which Operational Group of the Customs D Memoranda contains a list of goods regulated by other government departments such as CFIA, DFATD, and Health Canada (HC)? a. 14 b. 17 c. 10 d. 19 e. 22 - Correct answer ...d. 33. Which government department prepares tariff legislation? a. The Canada Border Services Agency b. Foreign Affairs, Trade and Development Canada c. The Canada Revenue Agency d. Industry Canada e. Finance Canada - Correct answer ...e. 34. The ______________________________ is not found in the Export and Import Permits Act. a. Import Control List b. Access Control List c. Area Control List d. Automatic Firearms Country Control List e. Export Control List - Correct answer ...b. Exports and Import Permits Act (EIPA) contains 4 lists: Import Control List (ICL), Export Control List (ECL), Automatic Firearms Country Control List (AFCCL), and Area Control List (ACL). 35. The _______________________ provides for the accounting of imported goods at customs and the payment of duties and taxes. a. Customs Tariff Act b. Customs Act c. Criminal Code d. Financial Administration Act e. Customs Brokers Licensing Regulations - Correct answer ...b. Other than that, the Customs Act provides for appeal process for changes, lists valuation methods, and includes the legislation that controls the movement of goods and persons into and out of Canada 36. Which Act stipulates that any information provided to an officer in the administration or enforcement of this Act, the Customs Tariff or the Special Import Measures Act or under any other Act of Parliament that prohibits, controls or regulates the importation or exportation of goods, shall be true, accurate and complete? a. The Excise Tax Act b. The British North American Act c. The Financial Administration Act d. The Excise Act E. The Customs Act - Correct answer ...e. Paragraph 7.1 of the Customs Act 37. Which country is not listed on the Automatic Firearms Country Control List? a. Mexico b. The United States c. Norway d. Latvia e. Saudi Arabia - Correct answer ...a. 38. The Trade Controls & Technical Barriers Bureau is part of ____________________. A. the Canada Border Services Agency B. the Canada Revenue Agency C. the Department of Foreign Affairs, Trade and Development Canada d. Industry Canada e. Environment Canada - Correct answer ...c. 39. Which Act provides for the collection and imposition of the Goods and Services Tax (GST)? a. The GST Act b. The Customs Tariff c. The Excise Tax Act d. The Excise Act E. The Customs Act - Correct answer ...c. 40. Which two Acts administer excise duties? a. The Special Import Measures Act and the Customs Act b. The Excise Act and the Customs Act c. The Customs Act and the Excise Act, 2001 d. The Excise Act and the Customs Tariff E. the Excise Act and the Excise Act, 2001 - Correct answer ...e. 41. The Excise Tax Act provides for the imposition and collection of _________________ ________________________. a. Excise Tax only b. Goods and Services Tax (GST) only c. Harmonized Sales Tax (HST) only d. Excise Tax, GST, and HST only e. Excise Tax, GST, HST, and Excise Duty - Correct answer ...d. 42. The Special Import Measures Act provides for the assessment of ______________ _______________________________________________. A. provisional duty only B. provisional duty, anti-dumping duty, and regular duty only C. anti-dumping duty only D. countervailing duty only E. provisional, anti-dumping, and countervailing duty only - Correct answer ...e. 43. Operational Group _____ lists commodities that are Special Import Measures Act Investigations. a. D15 b. D20 c. D7 d. D22 e. D13 - Correct answer ...a. 44. What countries are listed on the Area Control List? a. Moldova and Malawi b. French Guiana and Guyana c. Madagascar and Lithuania d. Belarus and North Korea e. The United States and Mexico - Correct answer ...d. 45. The Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES) is under the mandate of _______________________. a. Industry Canada b. Foreign Affairs, Trade and Development Canada c. Natural Resources Canada d. Health Canada e. Environment Canada - Correct answer ...e.