Object into water physics?

Is there a way to simulate what happens when an object drops into water / liquid ?

HERE

Sorry I didn’t define my question enough … not the water’s reaction but the object when it hits the water and it’s boyancy.

No Problem…I looked into your question and see that it has been around for awhile, with no answer as yet…but take a look at this one using shrinkwrap modifier and the ocean modifier…It seems doable- With a bit of work…HERE

Ok, thanks.