Which system automatically transmits to the AIMS all Goods Declaration for Warehousing (W-SAD) with "Paid" status where data is automatically populated to the AIMS?

b. Raw Materials Liquidation System

d. Automated Bonds Management System

It shall be electronically secured from PEZA by the originating PEZA-registered enterprise transferring goods within the purview of BOC-PEZA JMO 2-2015.

d.General Transportation Surety Bond

c. Electronic Zone Transfer Document

b. Electronic Zone Transfer System

a. Electronic Letter of Authority

It shall refer to the document certifying that the finished products to be exported is from a particular W-SAD, and also to determine whether or not the bonded materials subject of a particular entry is partially or fully consumed.

b. Certificate of Inspection and Loading

a. Certificate of Identification

The AIMS Service Provider shall be fully compliant with the requirements under the Data Privacy Act, particularly the appointment of a regular Data Protection Officer and the submission of the electronic processing system to the Philippine Competition Commission.

d. First statement is FALSE but the second statement is TRUE.

c. First statement is TRUE but the second statement is FALSE.

Following are the objectives of CMO 21-2021 which is the mandatory use of an Automated Inventory Management System for Off-Dock and Off-terminal Customs Facilities and Warehouses; EXCEPT:

b. To protect the revenue of the government by ensuring the correct payment of duties, taxes and other charges due on containerized cargoes.

a. To implement an automated inventory system to enable the Bureau to strictly monitor and generate real time and accurate information on the status of goods received, stored and withdrawn from off-dock and off-terminal accredited CFWS.

c. To provide procedures for the accreditation of an IMS service provider. d. To require the use and maintenance of an IMS-CFW as one of the requirements of the Bureau for off-dock/off- terminal CFWS.

All off-dock/off-terminal CFWs granted license to operate by the Bureau shall be required to implement an:

c. Automated Bonds Management System

d. Raw Materials Liquidation System

Together with required documents pursuant to existing laws and regulations, Goods directly admitted into Free Zones by a Free Zone Locator shall be covered by a-

d. Goods Declaration for Transit

It shall be operated by PEZA accredited VASPs under guidelines and requirements prescribed by PEZA.

b. Electronic Zone Transfer System

d. General Transportation Surety Bond

c. Electronic Zone Transfer Document

a. Electronic Letter of Authority

Non-submission of the documentary requirements within the prescribed period may cause the imposition of penalties in the form of fines, suspension, or revocation of the:

c. Certificate of No Accountability

PEZA shall check the submitted application and shall either electronically approve or disapprove the eZTD application. An approved eZTD shall cause the electronic deduction of the volume/value of the goods approved for transfer from the volume/value of the goods authorized in the corresponding approved eLOA.

c. First statement is TRUE but the second statement is FALSE.

d. First statement is FALSE but the second statement is TRUE.

Following are the objectives of the CMO No. 17-2021 or the Guidelines for the implementation of the General Warehousing Bond thru the ABMS, which is NOT?

c. To protect against revenue loss caused by possible diversion of raw materials, unauthorized withdrawals or ghost exportation.

d. To effectively monitor the status of bonds from its posting up to its cancellation and expedite the settlement or collection of due and demandable bonds.

b. To provide detailed instruction to declarants, brokers, importers, accredited VASPS, surety companies and Bureau personnel on the Customs processes to be observed under the ABMS for GWB.

a. To implement the Automated Bonds Management System (ABMS) for General Warehousing Bonds in all Customs Ports.

It is a bureau-wide system for processing bond transactions established pursuant to CMO No. 14-2012.

c. Automated Bonds Management System

d. Raw Materials Liquidation System

The Bureau shall exercise supervision and control over warehouses operated by the DFPC and the same shall, for all intents and purposes, be considered as:

c. Special Type of Customs Bonded Warehouses

The date and time of printing and the time the 30-minute period lapses shall be printed on the eZTD. For this purpose, all goods for transfer may be allowed to exit from the premises of the originating-PEZA enterprise nor from the economic zone gate within the said 30-minute period.

d. First statement is FALSE but the second statement is TRUE.

c. First statement is TRUE but the second statement is FALSE.

The application for subsequent renewal of License to Operate shall be filed with the District Collector, NAIA not later than ninety (90) days but not earlier than one hundred twenty (120) days before its expiration

d. First statement is FALSE but the second statement is TRUE.

c. First statement is TRUE but the second statement is FALSE.

The applicant shall submit the hard copy of the bond policy, together with the supporting documents, to the Bonds Division of the Port having jurisdiction over the Customs Bonded Warehouse once the bond policy has been stored in the:

c. Automated Bonds Management System

d. Raw Materials Liquidation System

Non-filing within the prescribed period shall cause the imposition of penalties, which may take the form of fines, suspension, or revocation of the License to Operate.

d. First statement is FALSE but the second statement is TRUE.

c. First statement is TRUE but the second statement is FALSE.

It shall refer to the automated system to be adopted by the CBW operator as a tool to determine and monitor the stock inventory of bonded goods from the time of its entry into the CBW up to liquidation of the goods declaration covered by the Warehousing Single Administrative Document.

d. Automated Bonds Management System

The CBW operator/accredited member of CCBW shall only pay for the creation of the entry declaration in the AIMS and the filing of liquidation if the value of the shipment is-

d. less than Fifty Thousand Pesos (Php50,000.00)

c. more than Fifty Thousand Pesos (Php50,000.00)

b. less than Ten Thousand Pesos (Php10,000.00)

a. more than Ten Thousand Pesos (Php10,000.00)

It is an automated system which determines the volume and value of the raw materials exported and subject for liquidation, including the duties and taxes due on the allowable residues/wastages/by-products and other portion of the imported articles/s, entered through warehousing but no longer usable for the manufacture of the articles to be exported.

b. Raw Materials Liquidation System

d. Automated Bonds Management System

RMR with 'Examined' status shall be subject to final review by the-

d. District Collector having jurisdiction of the CBW

cm4 exam

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unless otherwise provided by law and in accordance with the respective laws, rules and regulations of the free zone authorities, goods admitted into a free zone shall

d. not be subject to duty and tax

c. be subject to duty and tax

b. be exempted from payment of tax only

a. be exempted from payment of customs duty only

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods directly admitted into Free Zones by a Port User shall be covered by a-

b. Goods Declaration for Admission

c. Goods Declaration for Transit

b. Goods Declaration for Consumption

a. Goods Declaration for Warehousing

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ELSE Operator must be apply for transfer of goods from ELSE Facility to a partner locator using the-

d. Electronic Zone Transfer System

c. Electronic Letter of Authority

b. General Transportation and Surety Bond

a. Electronic Zone Transfer Document

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who shall conduct an annual review of the fees to be collected by the IMS service provider and may recommend changes or adjustments thereto subject to the approval of the Commissioner?

d. AIMS Accreditation Committee

C. VASP Accreditation Committee

b. Deputy Collector, Port Operations

a. Deputy Commissioner, AOCG

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods transited through a Customs Territory and admitted into Free Zones shall be covered by a-

b. Goods Declaration for Transit

c. Goods Declaration for Consumption

b. Goods Declaration for Admission

a. Goods Declaration for Warehousing

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who shall be allowed to avail of the ABMS in the E2M Customs System?

b. Goods Declaration for Transit

c. Goods Declaration for Consumption

b. CBW operators registered with the VASP

a. CBW operators registered with the CPRS

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It sends request to the ABMS to charge against a particular bond account upon lodgement of the goods declaration for warehousing.

d. Warehousing Entry System

c. General Warehousing Bonds

b. Automated Inventory Management System

a. Electronic to Mobile (E2M) Customs System

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cm4 exam

Unless otherwise provided by law and in accordance with the respective laws, rules and regulations of the free zone authorities, goods admitted into a free zone shall

Goods directly admitted into Free Zones by a Port User shall be covered by a-

The ELSE Operator must be apply for transfer of goods from ELSE Facility to a partner locator using the-

Who shall conduct an annual review of the fees to be collected by the IMS service provider and may recommend changes or adjustments thereto subject to the approval of the Commissioner?

Goods transited through a Customs Territory and admitted into Free Zones shall be covered by a-

Who shall be allowed to avail of the ABMS in the E2M Customs System?

It sends request to the ABMS to charge against a particular bond account upon lodgement of the goods declaration for warehousing.

Who shall obtain the GTSB required under in the JMO from any of the Customs Accredited Surety Companies?

Which system automatically transmits to the AIMS all Goods Declaration for Warehousing (W-SAD) with "Paid" status where data is automatically populated to the AIMS?

DFPC shall comply with the requirements of the Bureau on the following: EXCEPT:

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