Certificate for Documentary Credit Specialists

®
(CDCS ) – 601/1159/8

Specimen Paper 2014 – Answer document

ifs University College is a registered charity incorporated by Royal Charter.

The International Chamber of Commerce (ICC) is the largest, most representative business organization in the world.

This qualification is accredited by the regulatory authorities for England, Wales and Northern Ireland and is incorporated into
the Qualifications and Credit Framework (QCF) at Level 4.
 ®
CDCS Specimen Paper – Answers

Section A

Answer

Q1 C
Q2 D
Q3 A
Q4 D
Q5 B
Q6 B
Q7 D
Q8 C
Q9 C
Q10 A
Q11 A
Q12 D
Q13 B
Q14 B
Q15 A
Q16 A
Q17 A
Q18 A
Q19 B
Q20 D
Q21 C
Q22 C
Q23 C
Q24 D
Q25 D
Q26 A
Q27 A
Q28 A
Q29 C
Q30 C
Q31 B
Q32 C
Q33 B
Q34 B
Q35 D
Q36 A
Q37 D

Page 2 of 4
© ifs University College 2014
 ®
CDCS Specimen Paper – Answers

Q38 D
Q39 A
Q40 B
Q41 B
Q42 B
Q43 C
Q44 A
Q45 C
Q46 B
Q47 C
Q48 D
Q49 B
Q50 B
Q51 A
Q52 C
Q53 A
Q54 A
Q55 D
Q56 D
Q57 B
Q58 D
Q59 C
Q60 B

Section B answers

All questions in section B are for syllabus reference: Manage the transport, commercial and financial
documents used in documentary credit transactions

Q61 B
Q62 A
Q63 D
Q64 C
Q65 A
Q66 B
Q67 D
Q68 D
Q69 B
Q70 D

Page 3 of 4
© ifs University College 2014
 ®
CDCS Specimen Paper – Answers

In-basket 1
Q71 A
Q72 D
Q73 D
Q74 B
Q75 C

In-basket 2
Q76 D
Q77 C
Q78 A
Q79 A
Q80 B

In-basket 3
Q81 C
Q82 D
Q83 B
Q84 B
Q85 B

Simulations 1-3
Q86 1,2,3,8,10
Q87 1,3,7,9,10
Q88 1,5,8,9,10

Page 4 of 4
© ifs University College 2014