An Advantage of XBRL Is Its Ability to Express Semantic

question 98

True/False

An advantage of XBRL is its ability to express semantic meaning-i.e., to express such relationships as "assets = liabilities + equity."

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Definitions:

Methodists

Members of a Christian denomination known for its emphasis on personal faith, social justice, and the teaching of John Wesley.

Strictly Enforced Rules

Rules or regulations that are rigorously upheld and imposed to ensure compliance.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Sects

Relatively small religious groups that have branched off from a larger religion, often with distinct beliefs and practices diverging from mainstream traditions.