1. Strategies for Success Presented by Dunlap-Stone University 19820 North 7 th Street, Phoenix AZ 85024 www.dunlap-stone.eduwww.dunlap-stone.edu 602-648-5750 1 (C) 2012 Dunlap-Stone University, Inc.

2.  Describe the Broker’s Exam  Set Exam Expectations  Meet the Requirements  Prepare with a Plan  Strategize on Test Day 2 (C) 2012 Dunlap-Stone University, Inc.

3.  The Broker’s Exam is a requirement to earn a US Customs Broker License.  It consists of 80 multiple choice questions.  It tests the applicants knowledge of US Customs law and regulations as defined by the Code of Federal Regulations and the Harmonized Tariff Schedule of the US, CATAIR, C-TPAT and several Directives. 3 (C) 2012 Dunlap-Stone University, Inc.

4.  A passing score is 75% or better  The exam is 4 hours long- expect to complete at least 20 questions per hour  Know the material tested  Bring the required materials  The majority of test takers do not pass the exam– know that it is possible and that you can pass if you prepare. 4 (C) 2012 Dunlap-Stone University, Inc.

5.  First, applicants must meet the requirements to sit for the exam: ◦ be a United States citizen at least 21 years old ◦ not be a current Federal Government employee ◦ possess good moral character  Pay the exam fees  Arrive on test day prepared. 5 (C) 2012 Dunlap-Stone University, Inc.

6.  List the topical areas addressed on the exam: ◦ 19 CFR ◦ HTS ◦ CATAIR ◦ C-TPAT ◦ Directives 6 (C) 2012 Dunlap-Stone University, Inc.

7. Question Types Since 2007 ◦ Antidumping/Countervailing ◦ Bonds ◦ Broker Compliance ◦ Classification ◦ Drawback ◦ Entry ◦ Fines and Penalties ◦ Power of Attorney ◦ Quotas ◦ Recordkeeping ◦ Scenarios ◦ Security ◦ Trade Agreements ◦ Valuation ◦ Warehouse ◦ General/Miscellaneous (C) 2012 Dunlap-Stone University, Inc. 7

8. 8 2007 April Exam 2007 October Exam 2008 April Exam 2008 October Exam 2009 April Exam 2009 October Exam 2010 April Exam 2010 October Exam 2011 April Exam 2011 October Exam Average Number Appearing on the Exam* Antidumping/Countevailing 6 6 Bonds7 5 5 55 Broker Compliance59 65749846 Classification17191719 251728241820 Drawback55 4 5 Entry211416159 32221618 Fines and Penalties5 5525 55 General10141817255 191615 Powers of Attorney 55 Quotas 6 4 5 Recordkeeping5 5 Scenarios 7 33 4 Security 5 5 Trade Agreements5977881145 7 Valuation 5 5 746434 Warehouse 555 66 65 *Average only includes instances when this section category is included.

9.  Understand your strengths and weaknesses  Consider a preparation course to methodically address each of the topics.  Develop a realistic calendar that assigns time to review each topical area.  Take practice exams on regular basis, increasing the frequency as you get closer to test day.  Stick to the plan. Adapt as your skills grow. 9 (C) 2012 Dunlap-Stone University, Inc.

10.  On test day ◦ Arrive well rested ◦ Eat Breakfast ◦ Bring proof of registration, a picture identification, and the required reference materials to the examination. ◦ Have a plan 10 (C) 2012 Dunlap-Stone University, Inc.

11.  Multiple Choice Strategies ◦ Read the whole question and all of the answers before picking an answer. ◦ Make sure that you understand what the question is asking and that you are responding to the question being asked. ◦ Identify and underline or circle the key words in the question. ◦ There is only one best answer. You can eliminate other choices to find it. Focus on key words. 11 (C) 2012 Dunlap-Stone University, Inc.

12.  Multiple Choice Strategies, con’t ◦ Note your guesses (or the questions you found hardest) and return to them at the end if you have time. ◦ There is no penalty for guessing. If you go back to an answer, have a good reason for changing it. Your first choice is often the best choice if you have eliminated answers you know are incorrect. ◦ If you are faced with a scenario, read the questions first and then read the scenario with the questions in mind. ◦ Pace yourself. 12 (C) 2012 Dunlap-Stone University, Inc.

13.  A passing score of 75% requires you to get 60 questions right. Every wrong answer you eliminate gets you one choice closer to the magic number of 60 correct answers. 13 (C) 2012 Dunlap-Stone University, Inc.

14. TRD-304 US Customs Broker Exam Prep Call an advisor at 602-648-5750 to enroll in a 6 week, accredited, college-level course to prepare to pass the Broker’s exam and achieve your personal and professional goals. (C) 2012 Dunlap-Stone University, Inc. 14 Dunlap-Stone University 19820 North 7 th Street, Phoenix AZ 85024 www.dunlap-stone.eduwww.dunlap-stone.edu 602-648-5750 Dunlap-Stone University is accredited by the Accrediting Commission of the Distance Education and Training Council (DETC)