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Pass CLTD Exam Guide

Page: 5 / 6
Total 150 questions
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Certified in Logistics, Transportation and Distribution Questions and Answers

Question 17

When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?

Options:

A.

Retention

B.

Transfer

C.

Mixed

D.

Mitigation

Question 18

Which of the following costs are the most intangible and subjective of all the carrying cost elements'?

Options:

A.

Risk cost

B.

Storage cost

C.

Service cost

D.

Capital cost

Question 19

From a health and safety perspective, which of the following sets of parameters must be taken into account when considering manual material handling?

Options:

A.

Task, working environment, equipment, and individual capacity

B.

Task, load, layout, and equipment

C.

Layout, load, working environment, and individual capacity

D.

Task,load, working environment, and individual capacity

Question 20

A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?

Options:

A.

Adopt Customs Trade Partnerships Against Terrorism (C-TPAT) rules

B.

Use foreign/free trade zones (FTZs)

C.

Use an international third-party logistics (3PL) provider

D.

Ship by free on board (FOB) terms

Page: 5 / 6
Total 150 questions
Get CLTD Full Access Download CLTD PDF