An Amphidromic Point Is A

question 8

Multiple Choice

An amphidromic point is a:

• A) no tide point in the ocean around which the tide crest rotates through one tidal cycle.
• B) place in the ocean where tides are highest.
• C) place in the ocean where tidal datum is displaced to the right (in the northern hemisphere), or to the south (in the southern hemisphere).
• D) no tide point at the coast where there is a daily high tide, but no low tide.

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Definitions:

Periodic Inventory Method

An accounting method where inventory is physically counted and valued at specific intervals.

Voucher Payment

Voucher payment involves the use of a voucher system where approval documents are prepared and used as the basis for making payments to vendors.

Net Method

An accounting practice where discounts for early payment are assumed to be taken and purchase or sale transactions are recorded at the net, discounted amount.

Periodic Inventory Method

An accounting method where the inventory is physically counted at specific intervals and the cost of goods sold is calculated afterwards.