Which of the Following Is Least Likely to Be True

question 62

Multiple Choice

Which of the following is least likely to be true regarding SEC requirements for XBRL?

• A)It is now more important for tier 1 ERP systems to integrate XBRL.
• B)Inline XBRL makes the data both human readable and machine readable.
• C)Over the long-term, Inline XBRL will decrease the cost of providing data to the SEC.
• D)The SEC does not yet have a specified time for the adoption of Inline XBRL.

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Definitions:

CD-R Technology

A digital optical disc storage format that allows writing data once and reading many times, primarily used for data storage and music playback.

Digital Source

Electronic or computational resources, platforms, or devices that provide information, data, or content accessible via digital means.

Disaster Recovery Plan

A documented, structured approach with instructions for responding to unplanned incidents such as natural disasters, power outages, or cyber attacks, to quickly restore hardware, applications, and data.

System Failure

The complete malfunction or significant disruption of a system’s operations or processes.