What is the purpose of the VPM-XML file?

A.
It stores the visual state of the VPM user interface.
B.
It stores the policy statements that are generated from the VPM.
C.
It allows the administrator to use the VPM from any XML-capable web browser without
accessing the Management Console.
Explanation:
answer is A
I have the same idea. B
The output of the VPM is two files:
the VPM-XML file, which stores the visual state of the VPM user interface; and the VPM-CPL file, which contains the CPL that is generated from the configuration in the VPM.