A vessel operator must report the accident if the property damage exceed $2,000.00. The other conditions which require a vessel operator to report an accident are death or disappearance of a person and an injury which requires more than first aids treatment. Failure to render assistance to those people injured during an accident and failure to report the accident when necessary are both criminal offences.
Answer:
A) Order processing
Explanation:
Holding costs are costs that result from keeping inventory in storage. In this case, order processing is related to sales, and sales mean more inventory turnover, exactly the opposite to inventory accumulation.
The other costs described in the question are holding costs: storage costs is self-explanatory, most likely being rent. Pilferage, scrap and obsolescence costs result from inventory depreciation, and insurance is paid to protect the firm's inventory from a hazard such as fire or robbery.
Answer:
Interest Expense $6,446,360
Interest Payable $7,000,000
Explanation:
Interest Expense for the year =
Issued amount * Effective interest rate * 
$644,636,000 * 0.06 * 2/12 = $6,446,360
Interest Payable =
Face Value of the bond * Interest rate *
$600,000,000 * 0.07 * 2/12 = 7,000,000
Answer:
The correct answer is the option A: Corrective advertising.
Explanation:
To begin with, the concept known as <em>"Corrective Advertising"</em> refers to a severe penalty that is used by many agencies, including the Federal Trade Commision, in ordert to impose to the companies the fact that they had worked unethically regarding certain advertisements that they have been controled by the agency. Therefore that the corrective advertising is a way to penalize those companies, that had advertised products with false information or that might cause harm to the consumers.
Answer:
A. Money Market checking account
Explanation:
A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.
Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.
In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.
It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.
