XML:
A)Allows dynamic financial statements to be published on websites
B)Provides standards for the automatic exchange of financial data
C)Facilitates the exchange of data between organizations via web pages
D)Is based on XBRL language for the construction of business web pages

Question

Quizplus · Accepted Answer

XML facilitates the exchange of data between organizations via web pages, but it does not necessarily pertain to financial statements or the automatic exchange of financial data. XBRL is a language used specifically for financial reporting.