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APICS Exam CLTD Topic 8 Question 64 Discussion

Actual exam question for APICS's CLTD exam
Question #: 64
Topic #: 8
[All CLTD Questions]

The international commercial document that serves as a quote to obtain a letter of credit or an import license is called a(n):

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Suggested Answer: B

by Alease at Sep 04, 2023, 03:23 AM

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Otis
22 days ago
Wait, is this a trick question? Is the answer 'all of the above' because I'm too broke to afford any of them?
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Candida
27 days ago
Oh man, I hope the answer isn't 'consular invoice'. That sounds like something straight out of a spy movie!
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Bernardo
28 days ago
Export license? Seriously? I'm not shipping anything, I'm just trying to buy stuff. It's got to be the consular invoice.
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Pansy
1 months ago
Pro forma invoice? Nah, that's just an estimate. I think it's gotta be the commercial invoice.
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Dulce
8 days ago
The consular invoice is also used for international trade transactions.
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Lucy
24 days ago
Yes, the commercial invoice is the official document for obtaining a letter of credit.
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Rosalind
28 days ago
I agree, the pro forma invoice is just an estimate.
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Latia
1 months ago
I'm pretty sure it's a pro forma invoice. That's the one used to get the letter of credit, right?
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Tonette
10 days ago
I've always thought it was an export license. That's needed to legally export goods, isn't it?
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Kimbery
21 days ago
Actually, it's a consular invoice. It's a document required by some countries for customs clearance.
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Willetta
24 days ago
I think it's a commercial invoice. That's the document that lists the goods being shipped, right?
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Merissa
1 months ago
Yes, you're correct! A pro forma invoice is indeed used to obtain a letter of credit.
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Gracia
2 months ago
Hmm, that's interesting. Can you explain why you think it's B?
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Dong
2 months ago
I disagree, I believe the correct answer is B) pro forma invoice.
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Gracia
2 months ago
I think the answer is A) commercial invoice.
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