XBRL Serves as a Means to Electronically Communicate Business Information

question 58

True/False

XBRL serves as a means to electronically communicate business information to facilitate business reporting of financial and nonfinancial data to users.XBRL greatly enhances the speed and accuracy of business reporting.

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Definitions:

Orientation

A preparatory process used by organizations to acquaint new employees with the company's policies, procedures, and culture.