Which of the Following Is the Appropriate Action to Take

question 38

Multiple Choice

Which of the following is the appropriate action to take in the event of an accident?

• A)If possible,move your car out of traffic and collect information using an accident checklist.
• B)As long as no one is injured,remain in place and contact your insurance company to come and document the specifics so they can determine fault.
• C)Contact the police immediately and stay where you are regardless of how minor the accident was.
• D)If you feel the other driver might be guilty of a Criminal Code offence such as drunk driving,conduct a Citizen's arrest.

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Definitions:

Journal Entry

A record in accounting that represents the debit and credit sides of a transaction, reflecting changes in account balances.

Invoice

A document issued by a seller to a buyer that lists goods or services provided, their prices, and the total amount owed.

Prepaid Services

Expenses paid in advance for services which are to be received in the future.

Unearned Fees

Income received by a business for services not yet performed or goods not yet delivered.