Historically, Financial Data Used in One Application Was Not Easily

question 50

Multiple Choice

Historically, financial data used in one application was not easily transferable to other applications.However, the problem was fixed with which one of the following?

• A)XMP
• B)ERP
• C)XBRL
• D)XMLP

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Definitions:

Percent Change

The extent to which a quantity has increased or decreased, expressed as a percentage.

Initial Value

The starting monetary or numerical value of an investment, account, or another financial instrument before any earnings or losses.

Reduction

The act of making something lesser in size, amount, or degree.

Equals

Signifies that two quantities or expressions have the same value.