APICS CLTD Exam Questions Instant Access - No Installation Required

Question 1

A logistics service provider has an average on-time delivery of 30%, average damage free delivery of 30%, and average correct documentation of 30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?

A0%

B3%

C30%

D90%

Answer : D

Question 2

Which Incoterm applies only to ocean transportation where the exporter is responsible to bring the goods to the port?

AEx works (EXW)

BFree alongside ship (FAS)

CFree on board (FOB)

DDelivered at place (DAP)

Answer : B

Question 3

Which of the following situations best describes when duty drawbacks can be granted?

AA manufacturer minimally transforms imports, making products that are then exported.

BA distributor resells imported products.

CAll of the raw materials are imported a product is created, and then sold domestically.

DAn exported product has significant domestic content.

Answer : A

Question 4

A company would like to implement a strategic initiative of enhancing its reverse logistics process. Which of the following statements best describes the profitability impact of such a strategy?

AMore profits due to higher return rate of customers

BMore profits due to larger volume of returned products

CLess profits due to increase in investment costs

DLess profits due to negative impact on brand image

Answer : A

Question 5

As a means to protect domestic industries, which of the following requirements is an example of a non-trade barrier?

ARequesting a mandatory consular invoice

BUtilizing Convention on International Sale of Goods (CISG)

CMandating compliance with triple bottom line (TBL)

DDemanding process efficiency

Answer : C

Question 6

Climate-controlled warehouses are typically used

Ato assure operators can work in the best conditions.

Bfor storage of food items such as pasta and sugar.

Cfor storage of raw material used in aerospace industry.

Dfor storage of certain agricultural and medical products.

Answer : B

Question 7

A company would like to encourage shippers to partner on sustainability initiatives Which of the following rates would best meet this objective?

ADensity

BIncentive

CDifferential

DBlanket

Answer : A

APICS Certified in Logistics, Transportation and Distribution CLTD Exam Questions