Rivet Software Is One Option for Creating XBRL-Tagged Documents

question 3

Essay

Rivet Software is one option for creating XBRL-tagged documents.Many organizations follow the six steps listed below to do so; prepare a systems flowchart of the six steps.(Assume all six steps are completed in the same department.) 1.Download taxonomies.2.Open tagging software and the file to be tagged.3.Set up an entity profile.4.Mark up the data.5.Validate the document.6.Export the data as an XBRL document.

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Definitions:

Pickup Trucks

A type of vehicle with an enclosed cab and an open cargo area with low sides and tailgate.

Service Charge

A fee collected for the provision of a service, often added to the cost of transactions in financial services.

Car Insurance

Car insurance is a contract between a vehicle owner and an insurance company, offering financial protection against loss or damage to the vehicle and liability against accidents involving the vehicle.

Partnership Agreement

A formal contract between two or more parties agreeing to manage and operate a business together, sharing its profits and losses.