From an Accountant's Perspective, One of the Benefits of XBRL

question 18

Multiple Choice

From an accountant's perspective, one of the benefits of XBRL is the ability to obtain more rapid and reliable data and information on company financial performance. Such items would include:

• A)General purpose financial statements.
• B)Chart of accounts
• C)Both A and B.
• D)Neither A nor B.

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Definitions:

Subjective Norms

Individual beliefs about what significant people in their life think they should do, influencing their intentions and behaviors.

Social Psychological Theories

Theories developed within social psychology to explain how individual behavior and thought are influenced by social conditions and processes.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.

Theory of Reasoned Action

A psychological theory that posits individuals' behavioral intentions and actions are influenced by their attitudes towards the behavior and the subjective norms surrounding it.