Free Practice APICS CLTD Exam Questions 2025

Stay ahead with 100% Free Certified in Logistics, Transportation and Distribution CLTD Dumps Practice Questions

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Total 265 Questions | Updated On: Jun 04, 2025

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Question 1

To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n):

A : general average.

B : specific license

C : explicit license

D : import license.

Answer: C

Question 2

Which of the following methods of payment involves complete trust in the importer given that the exporter ships the merchandise without any guarantee of payment by the importer?

A : Open account

B : Cash is advance

C : Factoring

D : Letter of credit (L/C)

Answer: A

Question 3

Which of the following rules specifies whether the importer or exporter is responsible for insuring cargo?

A : World Trade Organization (WTO) rule

B : Lloyds of London rule

C : Incoterms® rule

D : Shipper’s rule

Answer: A

Question 4

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

A : Risk cost

B : Storage cost

C : Service cost

D : Capital cost

Answer: D

Question 5

Random stocking can be greatly improved through the use of a(n):

A : advanced planning system (APS)

B : inventory management system (IMS)

C : transportation management system (TMS).

D : warehouse management system (WMS).

Answer: A

Page: 1 / 53

Total 265 Questions | Updated On: Jun 04, 2025

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