
LM Quiz 6-7
Authored by Aileen Villela
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University

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a class discussion, Michael asked, 'What does 'Ad Valorem' mean?'
According to weight
According to value
According to distance
According to size
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mia is trying to understand the shipping costs for her new business. What is the purpose of the 'Bunker Adjustment Factor' (BAF)?
To determine shipping routes
To calculate customs duties
To compensate for fluctuating fuel costs
To adjust for cargo weight
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a logistics class, Priya learned about various fees associated with shipping. What does 'Demurrage' refer to?
A fee for loading cargo
A penalty for delaying the carrier's equipment
A charge for customs clearance
A fee for shipping hazardous materials
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a logistics class, Priya asked, 'What is the meaning of 'ETA' in shipping terms?'
Estimated Time of Allocation
Estimated Time of Adjustment
Estimated Time of Action
Estimated Time of Arrival
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a logistics class, Abigail asked, 'What does 'CFS' stand for?'
Container Freight Station
Cargo Freight Service
Customs Freight Station
Container Freight Security
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Elijah is trying to understand what the 'Customs Filing Fee' is when importing goods for his new business.
A fee for arranging customs clearance
A fee for loading cargo
A fee for shipping hazardous materials
A fee for insurance coverage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Noah is preparing a shipment and needs to know what 'POD' stands for in shipping.
Port of Delivery
Port of Destination
Place of Discharge
Point of Departure
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