This Computer Standard Allows an Easy, Automated Exchange Between a Financial

question 37

Multiple Choice

This computer standard allows an easy, automated exchange between a financial statement repository and a financial statement user.

• A) XBRL
• B) EDGAR
• C) Excel
• D) Google financials

---

Definitions:

General Partner

A partner in a limited partnership whose liability is unlimited.

Limited Liability

Refers to a legal structure where a person's financial responsibility for business debts does not exceed their investment in the company.

Partnership Firm

A business entity in which two or more individuals share ownership, responsibilities, profits, and liabilities.

Partnership Agreement

A contract between partners in a business venture, specifying the terms of the partnership, roles, responsibilities, and profit-sharing.