Which of the Following Best Describes the Use of XBRL

question 45

Multiple Choice

Which of the following best describes the use of XBRL style sheets?

• A)Style sheets determine which elements may be used when companies submit their XBRL filing.
• B)Style sheets are another name for XBRL instance documents.
• C)Style sheets allow for presentation of selected data from XBRL documents in a way that humans can read.
• D)Style sheets determine the formatting of numbers and text in the XBRL taxonomy.

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Definitions:

Market Price

The ongoing value at which a commodity or service is offered for buy or sell in a trading environment.

Producer Surplus

The gap between the amount sellers are prepared to accept for a product and the actual selling price they obtain.

Crop Of Tomatoes

The product yield from cultivating tomatoes over a certain period or area.

Transaction

The exchange of goods, services, or funds between two or more parties, forming the basis of economic activity.