Customs Declaration Quiz
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Questions and Answers

Which goods are cleared through an informal entry process?

  • Goods with a higher FOB or FCA value
  • Goods declared for consumption
  • Personal and household effects or goods in commercial quantity
  • Goods imported in a passenger's baggage or mail (correct)
  • How often is the amount adjusted by the Secretary of Finance?

  • Every 5 years
  • Every year
  • Every 2 years
  • Every 3 years (correct)
  • What does CPI stand for?

  • Customs and Product Inspection
  • Central Processing Information
  • Consumer Price Index (correct)
  • Commercial Price Index
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