ExamGecko
Question list
Search
Search

List of questions

Search

Question 440 - CSCP discussion

Report
Export

Which of the following documentation represents a carrier's method of charging for transportation services performed?

A.
Shipment manifest
Answers
A.
Shipment manifest
B.
Bill of lading (B/L)
Answers
B.
Bill of lading (B/L)
C.
Letter of credit (L/C)
Answers
C.
Letter of credit (L/C)
D.
Freight invoice
Answers
D.
Freight invoice
Suggested answer: D

Explanation:

A freight invoice is a bill issued by a carrier detailing the charges for transportation services provided. It itemizes the cost associated with the shipment, including the base freight rate, fuel surcharges, accessorial charges, and any other fees applicable. The shipment manifest lists the cargo being transported, and a bill of lading (B/L) serves as a receipt and contract of carriage. A letter of credit (L/C) is a financial document ensuring payment for shipped goods. Therefore, the freight invoice specifically represents the carrier's method of charging for transportation services.

Reference:

'Freight Invoice Definition.' Investopedia.

'Transportation Documentation.' CSCMP (Council of Supply Chain Management Professionals).

asked 16/09/2024
Vijayakumar Dhandapani
42 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first