Which is the correct procedure for anchoring a small to medium size vessel in deep water?

Correct Answer: Option D — Under power, back the anchor out until it is near, but clear, of the bottom before letting it fall.

In deep water, dropping an anchor from the hawsepipe can cause excessive speed of the chain, potentially damaging the windlass or causing the chain to pile up on the anchor. Backing the anchor out under power ensures it reaches the bottom safely without excessive strain on the gear.