CIPS A9 Exam Practice Test Instant Access

Question 1

Which Incoterm places the greatest responsibility for documentation and transportation on the importer?

ACIF

BDDP

CEXW

DFOB

Answer : B

Question 2

In shipments governed by an Airway Bill, who will normally claim and receive the goods?

AThe clearing agent

BThe named consignee

CThe freight forwarder

DThe airline representative.

Answer : C

Question 3

Which of the following are spot rates, premiums and discount factors related to?

AFreight charges

BLetters of Credit

CForward exchange contracts

DStaged payments

Answer : A

Question 4

Which of the following refers to the Incoterm reflecting the price of the goods delivered at the supplier's premises?

ACOD

BDDP

CEXW

DFOB

Answer : B

Question 5

Which of the following types of item is most likely to be selected for transport by sea rather than by air?

APilferable goods

BPerishable goods

CInflammable goods

DHigh-value goods

Answer : B

Question 6

What is the principal goal of an international supply chain?

ATo satisfy customer demand

BTo move military equipment and troops

CTo get the right quantities of goods from the right suppliers

DTo get the right goods at the right cost.

Answer : B

Question 7

Which of the following is most likely to have a direct effect on exchange rates?

AThe balance of payments

BValue added tax

CCommodity markets

DImport duties

Answer : D

CIPS A9 International Logistics Exam Practice Test