Which of the following is a key component of geospatial metadata?

A key component of geospatial metadata is spatial extent. Spatial extent refers to the geographic area covered by the dataset, which is crucial for understanding the context and applicability of the data. It defines the boundaries within which the data is relevant and helps users determine whether the data can be used for their specific geographical analysis or applications.

In geospatial contexts, knowing the spatial extent allows users to assess the scale and scope of the data, aids in the integration of multiple datasets, and supports effective decision-making processes. This information is fundamentally important when working with spatial data, as it informs users about the data's range and limitations.

Other factors, such as data encryption methods, financial metrics, or operational status, do not directly pertain to the spatial and contextual characteristics of geospatial data in the same manner as spatial extent does. These aspects may be relevant in specific contexts or fields but are not considered fundamental components in the structured documentation of geospatial metadata.