HTML Is a Markup Language That Fixes Several XML Deficiencies

question 10

True/False

HTML is a markup language that fixes several XML deficiencies and is commonly used for program-to-program interaction over the Web.

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Definitions:

Adjusted Trial Balance

A compilation of every account along with its adjusted balances, utilized for the creation of financial reports.

Vertical Analysis

Vertical analysis is a financial statement analysis method where each line item on a statement is listed as a percentage of another line item, facilitating comparisons and highlighting changes over time or across companies.

Trend Analysis

The process of comparing historical data points to identify patterns, directions, and correlations over time.

Income Statements

A financial statement that shows a company's revenues and expenses over a specific period, culminating in a net income or loss.