Which of the Following Is NOT an Effect of Earthquakes

question 43

Multiple Choice

Which of the following is NOT an effect of earthquakes?

• A) Ground rupture
• B) Liquefaction
• C) Volcanoes
• D) Fires
• E) Disease

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Definitions:

Bonds Payable

A financial liability indicating the amount a corporation or government is obliged to pay back to bondholders either upon maturity or over a defined period of time.

Bond Discount

The discrepancy between a bond's nominal value and its market price, occurring when the bond is marketed below its nominal value.

Interest Expense

The cost incurred by an entity for borrowed funds over a period, reflecting the price paid for the use of a lender's money.

Straight-Line Method

This is a depreciation technique that allocates an equal portion of an asset's initial cost minus its salvage value to each year of the asset's useful life.