What Is a Geographic Information System (GIS)

question 20

Multiple Choice

What is a geographic information system (GIS) ?

• A)A north/south measurement of position.
• B)An east/west measurement of position.
• C)Stores, views, and analyzes geographic data, creating multidimensional charts or maps.
• D)A round coin-sized object, is uniquely numbered and hidden in geocache.

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Definitions:

Residual Value

The estimated salvage value of an asset at the end of its useful life, representing what it could be sold for or would be worth at that future time.

Accumulated Depletion

The total amount of natural resource extraction charged as an expense over time to depreciate the asset's value.

Balance Sheet

An overview presenting a business's assets, liabilities, and the equity belonging to shareholders, captured at a particular instant.

Mining Rights

Legal permissions granted to extract minerals, oil, or gas from the land, potentially involving leasing or ownership arrangements.