Explain the Structure of XBRL, Including Its Relationship to XML

question 74

Essay

Explain the structure of XBRL, including its relationship to XML.

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Definitions:

Money Supplies

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in bank accounts.

Demand Cycles

Fluctuations over time in the demand for goods or services, often influenced by seasonal trends, economic factors, or consumer preferences.

Product Life Cycles

The stages a product goes through from conception and introduction to the market to growth, maturity, and eventual decline.

Focus Forecasting

Forecasting that tries a variety of computer models and selects the best one for a particular application.