A Hurricane Is Assigned a Name When the

question 87

Multiple Choice

A hurricane is assigned a name when the

• A) winds reach 119 km per hour.
• B) winds reach 63 km per hour.
• C) low pressure is formed.
• D) rain bands form.
• E) eye forms.

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Definitions:

Dividends Payable

represents a company's obligation to pay its shareholders a declared amount from its earnings.

Liability

A financial obligation or amount owed by a business or individual to others, which must be settled in the future.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.

Acquisition

The process by which a company purchases most or all of another company's shares or assets, in order to take control or ownership of that company.