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):

Acommercial invoice.

Bpro forma invoice.

Cexport license.

Dconsular invoice.

Show Suggested Answer

Suggested Answer: B

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

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Otis

2 months 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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Nadine

1 months ago

D) consular invoice.

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Alex

1 months ago

C) export license.

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Luis

1 months ago

B) pro forma invoice.

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Christiane

1 months ago

A) commercial invoice.

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Candida

2 months 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

2 months 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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Tashia

1 months ago

Actually, I believe it's the consular invoice.

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Ettie

1 months ago

No, I'm pretty sure it's the commercial invoice.

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Catherin

2 months ago

I think it's the pro forma invoice.

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Pansy

3 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

2 months ago

The consular invoice is also used for international trade transactions.

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Lucy

2 months ago

Yes, the commercial invoice is the official document for obtaining a letter of credit.

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Rosalind

2 months ago

I agree, the pro forma invoice is just an estimate.

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Latia

3 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

2 months 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

2 months ago

Actually, it's a consular invoice. It's a document required by some countries for customs clearance.

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Willetta

2 months ago

I think it's a commercial invoice. That's the document that lists the goods being shipped, right?

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Merissa

3 months ago

Yes, you're correct! A pro forma invoice is indeed used to obtain a letter of credit.

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Gracia

4 months ago

Hmm, that's interesting. Can you explain why you think it's B?

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Dong

4 months ago

I disagree, I believe the correct answer is B) pro forma invoice.

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Gracia

4 months ago

I think the answer is A) commercial invoice.

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