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Author Question: The benefits of XBRL include (Read 65 times)

cnetterville

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on: Apr 8, 2019

Question 1

Which of the following statements is not true regarding XBRL?
◦ XBRL is a variant of XML.
◦ XBRL is specifically designed for use in communicating the content of financial data.
◦ XBRL creates unique tags for each data item.
◦ XBRL's adoption will require accountants and systems professionals tag data for their clients.

Question 2

The benefits of XBRL include
◦ organizations can publish financial information only once, using standard XBRL tags.
◦ tagged data is readable and interpretable by computers, so users don't need to re-enter data in order to work with it.
◦ Both are benefits of XBRL.
◦ Neither is a benefit of XBRL.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by cnetterville on Apr 8, 2019

nmyers

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Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cnetterville

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Reply 2 on: Apr 8, 2019
:D TYSM

T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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