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Question 478 - CSCP discussion

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Which of the following product records is internationally recognized for providing detailed categorization and descriptions?

A.
Stock keeping unit (SKU)
Answers
A.
Stock keeping unit (SKU)
B.
Electronic product code (EPC)
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B.
Electronic product code (EPC)
C.
Harmonized system classification code
Answers
C.
Harmonized system classification code
D.
Universal product code (UPC)
Answers
D.
Universal product code (UPC)
Suggested answer: C

Explanation:

The Harmonized System (HS) classification code is an internationally recognized system for classifying goods. It provides detailed categorization and descriptions of products, which is essential for international trade, customs procedures, and regulatory compliance. The HS code ensures that products are uniformly classified across different countries, facilitating smooth trade operations, accurate tariff applications, and consistent data reporting.

''Harmonized Commodity Description and Coding System'' by the World Customs Organization (WCO)

APICS Dictionary, 16th Edition

asked 16/09/2024
Robert Pila
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