XML Schema Supports a Collection of Built-In Data Types, but Does

question 38

True/False

XML Schema supports a collection of built-in data types, but does not allow users to define their own.

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Definitions:

Contingency Loss

A potential financial loss that may occur in the future due to uncertain events or conditions.

Debt Principal

Debt Principal is the original amount of money borrowed in a loan, excluding any interest or fees.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money.

Cash Equivalent

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to insignificant risk of changes in value.