A Major Difference Between HTML and XML Is That HTML

question 6

True/False

A major difference between HTML and XML is that HTML describes the content of a page or file only in terms of how it is to be displayed and interacted with, XML describes the content in terms of what data is being included.

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Definitions:

Deferred Income Tax Asset

A financial item on the balance sheet that results from over-payment or advance payment of taxes, which is expected to be recovered in future periods.

Income Tax Returns

Official documents filed with governmental tax authorities declaring income, expenses, and other tax-relevant information to calculate tax liability.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary depending on income level, type of income, or jurisdiction.

Net Income

A company’s final income after deducting all expenses and taxes from its gross revenue.