APICS CSCP Exam - Topic 5 Question 76 Discussion

Actual exam question for APICS's CSCP exam

Question #: 76
Topic #: 5

[All CSCP Questions]

Goods can enter a country, undergo further modification, and then be exported without paying customs duties via which of the following designations?

ABonded warehouse

BTrading bloc

CFree trade zone (FTZ)

DCitizen zone

Show Suggested Answer

Suggested Answer: C

According to the APICS CSCP - Supply Chain Management Certification, a free trade zone (FTZ) is a designated area within a country where goods can enter, undergo further modification, and then be exported without paying customs duties or taxes. FTZs are used to encourage foreign trade and investment, reduce transportation costs, and improve supply chain efficiency.

by Josphine at Oct 19, 2023, 04:27 AM

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Bulah

3 months ago

Trading blocs don't apply here, it's all about FTZs!

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Roy

3 months ago

Really? No customs duties at all? Sounds too good to be true!

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Serina

3 months ago

Wait, are you sure? I thought bonded warehouses were also an option.

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Ellen

4 months ago

I agree, FTZs are the way to go for that!

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Gail

4 months ago

It's definitely C, Free trade zone (FTZ).

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Lorenza

4 months ago

I don’t think it’s a trading bloc or citizen zone. Those don’t seem to fit the description of modifying goods for export.

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Cristen

4 months ago

I’m confused between bonded warehouse and FTZ. I feel like both allow for modifications, but I can't recall the specifics.

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Tawanna

4 months ago

I’m leaning towards free trade zone (FTZ) since we practiced a similar question about customs duties and modifications.

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Anthony

5 months ago

I think it might be a bonded warehouse, but I'm not entirely sure. I remember something about storing goods without duties.

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Destiny

5 months ago

Free trade zone, that's the one! I remember learning about those in my international business class. Goods can move in and out without the usual customs fees. Definitely going with C on this one.

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Launa

5 months ago

Okay, I've got this. The key is identifying the type of trade zone that allows goods to enter and be modified without paying customs duties. I'm pretty sure that's a free trade zone or FTZ.

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Annamaria

5 months ago

Hmm, I'm a bit unsure about this one. I know there are different trade zones and designations, but I can't quite remember the specifics. I'll have to think this through carefully.

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Roosevelt

5 months ago

This seems like a straightforward customs and trade question. I'll focus on the key terms like "customs duties" and "without paying" to identify the right designation.

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Laura

5 months ago

Hmm, this seems like a tricky one. I'll need to think through the different options carefully.

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Delila

5 months ago

I remember we practiced a similar question about configuration management tools. I thought SaltStack was often mentioned for its ability to pull changes, but I can't recall the specifics about secure protocols.

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Lizbeth

5 months ago

Hmm, I'm a bit unsure about this one. I know battery and assault are related to physical contact, but I'm not sure how false imprisonment fits in. I'll need to review my notes on torts before answering.

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Joaquin

5 months ago

Hmm, this seems straightforward enough. I'll just plug in the numbers and see which option comes out on top.

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Nan

5 months ago

This looks like a Cisco MPLS TE configuration, so I'll focus on understanding the options related to that technology.

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