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Worksheetsi-Trade training - Phase II
Total questions: 7
Worksheet time: 4mins
Choose the FX measurements for i-Trade organization
98% of total CDN 90 days compliance
95% of payment processing on time
95% of posting right at first time
95% of supporting delivery on time, right at first time and issue fixing on time
Payment's purchase order and invoice are in CNY but CDN currency is USD. Can we make the payment?
YES
NO
Payment's CDN and invoice are under LE293 but purchase order belongs to under LE2294. Can we make the payment?
YES
NO
Which of the below request would be rejected by R2R ?
For export, handling fee and transportation fee was not included in billing detail
For import, proforma invoice is used as supporting
For accrual, by LE summary is not clearly layout
All of above
LE2294 can only import SKII Finished Product unless exceptional approval from iTax
YES
NO
Which of the follow Legal Entities are Regional Entrepreneur (RE)?
LE293
LE2273
LE2008
LE324
Which of the follow about Transfer Pricing is correct?
DP (Distributor Price)/RMP (Retail Minus Price) should be used for Sale from RE (Regional Entrepreneur) to LRD (Limited Risk Distributor)
ICBP (Intercompany Billing Price) should be use for Sale from RE (Regional Entrepreneur) to RE (Regional Entrepreneur)
Wrong Transfer Pricing may attract Customs or Tax Bureau’s attention (e.g. pricing inquiry, pricing audit)
IPLA (特许权使用费) is subject to duty. IPLA duty is paid to Customs after Customs clearance
