Extensible Markup Language (XML) Classifies Data in Such a Way

question 82

True/False

Extensible Markup Language (XML) classifies data in such a way that it makes website information easier to search, sort, and analyze.

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Definitions:

EOQ

Stands for Economic Order Quantity, a formula used to determine the optimal order size that minimizes total holding costs and ordering costs in inventory management.

Ordering Costs

Expenses incurred in placing and receiving orders from suppliers, including costs associated with ordering processing and inspections.

Inventory Value

The total cost or market value of all the goods a company holds that are ready or will be ready for sale.

Float

The time difference between when a check is written and when the corresponding amount is actually withdrawn from the payer's account.