Cao -05-2020

Question 1

Firm of audit

Answer 1

PCAG-TIRAO

Question 2

Head of Operating unit under PCAG

Answer 2

Director

Question 3

Inadvertent error constitutes

Answer 3

Simple negligence

Question 4

PCAG under the supervision of?

Answer 4

Commissioner

Question 5

Office prepares the FAR

Answer 5

PCAG-CAO

Question 6

Audit program

Answer 6

PCAG-TIRAO

Question 7

Who is the Head of PCAG?

Answer 7

Assistant commissioner

Question 8

No deficiency in duties and taxes

Answer 8

PCAG-CRF

Question 9

Audit function of BOC began in the year___

Answer 9

2003

Question 10

Electronic submission to the BUREAU of inward foreign cargo manifest prior to arrival of the carrying aircraft

Answer 10

Advanced Electronic Manifest

Question 11

Company which provides and arranges fast and rapid transport and delivery of express shipment.

Answer 11

Air express cargo operator

Question 12

Refer to a true and accurate manifest, off all the INDIVIDUAL SHIPMENTS in CONSOLIDATION destined and intended to be unloaded at a port entry in the philippines.

Answer 12

Consolidated Inward Foreign Cargo Manifest (CIFCM)

Question 13

refer to the ADVANCE , ELECTRONIC conveyance of freight Information to the Bureau prior to the arrival of the shipment at the port of entry.

Answer 13

Electronic Inward Foreign Cargo Manifest

Question 14

refer to ALL HOUSE AIRWAY BILLS of shipments consigned to the ultimate consignees de-grouped or split from the master air waybills of shipments the consignees of which are just nominal such as banks , forwarders and consolidators.

Answer 14

e-IFCM

Question 15

refer to CONSOLIDATED AIR SHIPMENTS of goods which are time-sensitive in character , usually under a door-to-door service arrangement with on-time delivery commitment , which are shipped under a MAWB consigned to an AECO.

Answer 15

Express shipments

Question 16

Commercial nature with FOB or FCA value of php50,000 or over

Answer 16

High value

Question 17

Shipment with an FOB value of php50,000 or over

Answer 17

High value shipment

Question 18

Refers to an air waybill issued by an AIR CARRIER to an INTERNATIONAL AIR freight forwarder or consolidator

Answer 18

Master air waybill

Question 19

Refers to a CLOSED CONTAINER ( ex. Box carton or envelop) or covering in which the contents of a consignment is packed READY FOR SHIPMENT OR TRANSPORT

Answer 19

Package

Question 20

Submission of manifest those coming from Asia

Answer 20

At least 1 hour before arrival of aircraft

Question 21

Submission of manifest those coming from continents other than asia

Answer 21

At least 4 hours before arrival of the aircraft