Which of the Following Is True of Microformats

question 69

Multiple Choice

Which of the following is true of microformats?

• A)They can store all types of data, except metadata.
• B)They cannot be emailed or exchanged over Bluetooth.
• C)They can be exchanged over wired networks, but not wireless.
• D)They rely on XML standards to represent metadata in HTML.

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Definitions:

Goods Available for Sale

The total quantity of goods that a company has in its inventory available to be sold during a specific period.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated before the next period begins.

Cost of Goods Sold

The total cost of materials and labor needed to produce the goods or services sold by a company.

LIFO Inventory Method

An accounting method where the last items of inventory purchased are the first ones used or sold, affecting the cost of goods sold and ending inventory values.