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To fill out the question 'why is xml used' in a point by point manner, you can follow these steps:
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XML, or Extensible Markup Language, is used to structure, store, and transport data. It is both human-readable and machine-readable, making it versatile for data interchange between different systems.
Entities that need to report structured data, such as businesses, government agencies, and organizations, are typically required to file in XML format to convey information electronically.
To fill out XML, one must create a well-formed document that follows XML syntax rules, including defining elements, attributes, and providing a proper structure that represents the data accurately.
The purpose of XML is to facilitate data sharing across different systems, platforms, and applications. It serves as a universal format to enable the transport and storage of data.
The information that must be reported in XML can vary but generally includes structured data such as names, dates, numerical data, and other relevant information that needs to be transmitted.
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