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

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Definitions:

Money Supply

The overall sum of financial resources present in an economy at a given moment.

Open Market Operations

are actions taken by central banks to buy or sell government securities in the open market to control the money supply and influence interest rates.

Federal Reserve Notes

The paper currency issued by the Federal Reserve System in the United States, serving as the nation's primary form of legal tender.

Checkable Deposits

Bank account balances that are readily available for withdrawal and can be used for making payments, such as in checking accounts.