Dr David E Noel
22 January, 2013
1)What is XML?
XML, or Extensible Markup Language, is an internet language used to represent text and data that can be used without much human or machine intelligence. XML is a lot like HTML except for two major differences. The first is separation of form and content. HTML mostly consists of tags defining the appearance of text. In XML the tags generally define the structure and content of the data, with actual appearance specified by a specific application or an associated stylesheet. The second is XML is extensible. Tags can be defined by individuals or organizations for some specific application, whereas the HTML standard tagset is defined by the World Wide Web Consortium. 2) What are the benefits of using the Open Office XML formats? The Open Office XML formats have multiple key benefits. I believe the main benefit is its ability to create smaller files. It does this by breaking down the data into smaller ZIP files at the sender’s computer and reorganizing them at the receiver’s computer. The other benefits are: it is backwards compatible, it is easy to program, it has the ability to integrate business data, and is more secure. 3) How can users exchange data between Office applications and enterprise systems using XML and ZIP technology? An enterprise system is all of the hardware and software that a business uses to run and organize its operations. The way that Office exchanges data with the enterprise system is using XML and ZIP technology. XML takes the data that needs to be sent and breaks it down into smaller files. Then the ZIP technology takes that info and compacts it even more so that it is easy to send to the next computer or server. 4) What is XBRL?
A lot of businesses have been looking at the internet to bring a more user friendly data to business and financial reporting. Extensible Business Reporting Language (XBRL), is the answer to their...