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What is the purpose of the ICT-enabled inventory and liquidation system in CBWs?

  • To adopt a coding system acceptable to the Bureau
  • To keep track of all goods delivered to and withdrawn from a CBW (correct)
  • To submit a stock inventory report at the end of every calendar year
  • To establish and maintain a computer-based AIMS for bonded goods
  • What is the consequence of not submitting a stock inventory report at the end of every calendar year?

  • The Bureau will conduct an investigation on the CBW operator
  • The CBW operator will be required to submit a report monthly
  • The suspension or cessation of operations of the CBW may occur (correct)
  • A fine will be imposed on the CBW operator
  • What is the purpose of the coding system adopted by CBW operators?

  • To submit a stock inventory report at the end of every calendar year
  • To identify and track goods entered for warehousing and withdrawn for export from CBW compartments (correct)
  • To establish and maintain a computer-based AIMS for bonded goods
  • To keep track of all goods delivered to and withdrawn from a CBW
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