Which of These Is Not an Advantage of XBRL

question 39

Multiple Choice

Which of these is not an advantage of XBRL?

• A)It often enables businesses to avoid rekeying data downloaded from corporate websites
• B)It constrains companies to particular formats, thus ensuring consistency
• C)It helps standardize the storage and therefore presentation of financial information
• D)all of these are advantages of XBRL

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Definitions:

Schadenfreude

A German term describing the feeling of pleasure or satisfaction derived from seeing someone else's misfortune.

Nostalgia

A sentimental longing or wistful affection for the past, typically for a period or place with happy personal associations.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to play a role in understanding others' actions and intentions.

Cell Membranes

The semipermeable membrane surrounding the cytoplasm of a cell, which regulates the passage of substances in and out of the cell.