Using an XML ____________________,A Company Would Be Able to Validate

question 53

Short Answer

Using an XML ____________________,a company would be able to validate the data for values that may be out of range,incorrect dates,valid values,and so on.

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Definitions:

Ledger

A comprehensive collection of a company's accounts, documenting all transactions and financial results.

Chart of Accounts

An organized list of all accounts in the general ledger of a company, each with a unique account number, used for recording transactions and preparing financial statements.

Book of Original Entry

A preliminary accounting record where transactions are first recorded; also known as a journal.

Chart of Accounts

An organized list of all the accounts used in a company's general ledger, categorized into assets, liabilities, equity, revenues, and expenses.