Question 5
Domain 1: Customs Entry and Importation ProcessWhich of the following statements about the reconciliation program is TRUE?
Correct answer: B
Explanation
CBP requires reconciliation entries to be covered by bond security when flagged: an importer must have “a valid continuous bond” and “a valid reconciliation bond rider on file” for each importer of record number. That bond coverage must exist “at the time the entry summaries are flagged for reconciliation,” so the statement matches the program rule.
Why each option is right or wrong
A. An eligible importer must have a valid single transaction bond for each flagged entry and a valid reconciliation bond rider on file for each importer of record number at the time the entry summaries are flagged for reconciliation.
Reconciliation uses a continuous bond, not a single transaction bond, plus a reconciliation rider.
B. An eligible importer must have a valid continuous bond for each flagged entry and a valid reconciliation bond rider on file for each importer of record number at the time the entry summaries are flagged for reconciliation.
19 CFR 181.72(b)(1) requires that, when an entry is flagged for reconciliation, the importer have a valid continuous import bond and a valid reconciliation bond rider on file for each importer of record number. CBP ties that security to the moment of flagging, so if either bond component is missing at that time, the reconciliation filing is not properly covered.
C. The same surety and the same single transaction bond must cover all flagged entry summaries on one reconciliation entry.
One reconciliation entry can cover flagged summaries under the required bond structure, not a single transaction bond.
D. The same surety and any continuous bond must cover all flagged entry summaries on one reconciliation entry.
The program requires a valid continuous bond and reconciliation rider, not any continuous bond with the same surety.