Thank you for watching this video segment from October 2017 Customs Broker License Examination (“CBLE”) preparation class.
Following CBLE question is the focus of this video:
Which inventory accounting method is acceptable for direct identification for filing drawback claims under the provisions of 1313(a) or 1313(j)(1)?
A. Foreign in, foreign out
B. Deductive
C. High-to-low
D. Quarterly close out
E. Last-in, first out
Correct Answer: (E).
The discussion is a part of lecture series designed to prepare for the upcoming Customs Broker License Examinations. Please visit https://www.lawcustoms.com/live/ for details about CBLE preparation classes.
We also invite you take a look at our recent publication- the 6th Edition of U.S. Customs Broker License Examination Preparation Guide Textbook – which is comprised of two volumes. Please visit https://www.lawcustoms.com/tb/ for details about CBLE preparation textbooks.
