Each Include and Import Element in a Schema Must Be

question 30

Multiple Choice

Each include and import element in a schema must be globally declared as a direct child of the _____ schema element.

• A) host
• B) root
• C) base
• D) tree

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Definitions:

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.

Present Obligation

A duty or responsibility that is expected to be settled in the future, recognized as a liability.

Past Event

An event or transaction that has occurred prior to the balance sheet date, impacting the financial position or performance of an entity.