XBRL Is Based on the XML Language

question 32

True/False

XBRL is based on the XML language.

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Definitions:

Fundamental Analysts

Experts who evaluate investments by analyzing the fundamental financial conditions and performance of businesses and markets.

Relative Strength Analysis

A technique used in technical analysis that compares the price movement of a security to another security or overall market.

Stock Prices

The current market price at which a share of stock can be bought or sold.

Economic Value

Refers to the maximum amount a consumer is willing to pay for an item in contrast to its market price or the value of the benefits derived from owning the item.