Which of the Following Statements Is NOT True

question 49

Multiple Choice

Which of the following statements is NOT true?

• A) XML stands for eXperimental Markup Language.
• B) XML is a is a meta-language for describing markup languages.
• C) Unlike HTML, XML is capable of storing data in relational form.
• D) Any markup language can be created using XML

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Definitions:

Cash Flows

This refers to the total amount of money being transferred into and out of a business, affecting the company's liquidity.

Adjusted Trial Balance

A trial balance prepared after all adjustments, including accruals and deferrals, have been made to ensure debits equal credits before financial statements are prepared.

Comparative Balance Sheets

Financial statements that present the financial position of a company at different points in time for comparison.

Current Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period.