cdp 2 Flashcards

(10 cards)

1
Q

Which of the following services is explicitly stated as exempt from the
outsourcing?
a. Data Processing Services
b. Janitorial Services
c. Legal Advisory Services
d. Public Relations Services

A

b. Janitorial Services

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2
Q

When is a container, granted Temporary Admission for commercial operations,
considered exempt from security and payment of duties and taxes?
a. Within 30 days from the last package’s discharge
b. Within 60 days from the last package’s discharge
c. Within 90 days from the last package’s discharge
d. Within 120 days from the last package’s discharge

A

c. Within 90 days from the last package’s discharge

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2
Q

Which of the following is NOT a condition under which the counting of the
prescriptive period to re-export is suspended?
a. If an alert order is issued against the shipment
b. If the shipment is cleared for domestic use
c. If the shipment is declared abandoned
d. If a warrant of seizure and detention is issued

A

b. If the shipment is cleared for domestic use

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3
Q

Which of the following is NOT a requirement that the shipping line agent or
representative must provide upon the carrying vessel’s arrival?
a. Vessel’s name, voyage number, and registry
b. Container category and accountable party
c. Discharging sequence and port of destination
d. Estimated departure date

A

d. Estimated departure date

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4
Q

What penalty will be imposed on shipping lines, lessors, or shippers for each
violation of allowing the use of overstaying containers deemed abandoned or
under seizure and detention for export cargoes?
a. Php100,000
b. Php200,000
c. Php300,000
d. Php400,000

A

c. Php300,000

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5
Q

Which of the following functions is categorized as a Sovereign Function and
cannot be outsourced to a private entity?
a. Fuel marking services
b. Supervision and control over the entrance and clearance of foreign vessels and
aircraft
c. Value Added Service Provider
d. Maintenance services

A

b. Supervision and control over the entrance and clearance of foreign vessels and
aircraft

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5
Q

What is the prerequisite for a surety company to issue surety bonds?
a. The surety company must have a valid Certificate of Authority issued by the
Securities and Exchange Commission.
b. The surety company must have settled at least 50% of its outstanding
obligations.
c. The surety company must have ATBAS from the Bureau of Customs.
d. The surety company must apply for accreditation annually.

A

b. The surety company must have settled at least 50% of its outstanding
obligations.

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6
Q

Which legislation should be followed for outsourcing involving direct financial or material assistance?
a. R.A. No. 10173
b. R.A. No. 8182
c. R.A. No. 9184
d. R.A. No. 10668

A

b. R.A. No. 8182

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7
Q

Who has the authority to approve the outsourcing of Non-sovereign Functions?
a. The Commissioner of Customs
b. The Secretary of Finance upon the Commissioner’s recommendation
c. The President of the Philippines
d. The Bureau of Customs

A

b. The Secretary of Finance upon the Commissioner’s recommendation

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8
Q

Which of the following statements is correct regarding the security forms that
parties may utilize for duty/tax payment or other obligations?
a. Cash Bond and Surety Bond are the only acceptable forms of security.
b. Security Amount should exceed duties, taxes, and charges.
c. Standby/Irrevocable Letter of Credit can only be issued by non-AABs.
d. Parties can choose from Cash Bond, Standby/Irrevocable Letter of Credit, Surety
Bond, and other acceptable forms.

A

d. Parties can choose from Cash Bond, Standby/Irrevocable Letter of Credit, Surety
Bond, and other acceptable forms.

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