Extensible Markup Language (XML) Describes the Content Only in Terms

question 46

True/False

Extensible Markup Language (XML) describes the content only in terms of how it is to be displayed and interacted with, whereas the Hypertext Markup Language (HTML) describes the content in terms of what data is being included.

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Definitions:

Expenses

Outflows or other using up of assets or incurring of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.

Accrual Adjusting Entry

An accounting entry made to record revenues earned or expenses incurred that have not yet been recorded through regular transactions.

Insurance Expense

Costs incurred by a business for insurance coverage, considered an operating expense.

Prepaid Rent

An advance payment for rent that is recorded as an asset on the balance sheet until it is incurred as an expense.