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 is NOT an approved accounting method for identifying merchandise or articles for drawback purposes?
A. First-In, First-Out (FIFO)
B. High-to-Low
C. Last-In, First-Out (LIFO)
D. Low-to-High
E. Average
Correct Answer: (B).
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.