XML (EXtensible Markup Language)is Becoming More Important in DSS Due

question 27

True/False

XML (eXtensible Markup Language)is becoming more important in DSS due to the growth of mobile commerce applications,on handheld devices,e.g.,PDAs and cell phones.

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Definitions:

Direct Write-off Method

An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed uncollectible.

Uncollectible Receivables

Amounts owed to a company that it does not expect to collect and thus considers a loss.

Journalize

The process of recording transactions in an accounting journal, noting the debit and credit aspects of each transaction.

Percent of Sales Method

A financial analysis technique used to forecast future expenses or account balances as a percentage of sales revenue.