Which of these is NOT identified as a component of a geographical information system?

A product is defined as a business product rather than a consumer product on the basis of its _____

a. intended use b. physical characteristics c. price d. distribution method

The beginning balance in the Retained Earnings account of a company was $11,000. The revenues and expenses were $220,000 and $170,000, respectively. During the year, the company paid dividends of $4,000

The ending balance in Retained Earnings was $61,000. Indicate whether the statement is true or false