Which of the Following Is TRUE Concerning GPS Technology

question 1

Multiple Choice

Which of the following is TRUE concerning GPS technology?

• A) It appears useful but receivers are very expensive.
• B) The technology is freely available to the public.
• C) The GPS satellites are owned by a private corporation.
• D) The GPS technology allows "perfect" maps to be drawn.
• E) It usually cannot pinpoint locations with an accuracy greater than 1 km.

---

Definitions:

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.

Par Value

The face value of a bond or stock, representing the nominal or original value as fixed in the certificate or instrument.

Market Value

The current price at which an asset or service can be bought or sold.

Treasury Stock-Common

Shares of a company's own stock that it has reacquired from shareholders and are considered issued but not outstanding.