XML Is an XBRL-Based Language Consisting of a Set of Tags

question 66

True/False

XML is an XBRL-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by Web browsers.

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Definitions:

Social Media

Digital platforms that enable users to create and share content or participate in social networking.

Issues Management

The process of identifying, assessing, and responding to potential threats or opportunities that could affect an organization's reputation or success.

Litigation Crisis

A situation where a business or individual faces significant legal challenges that could adversely affect their public image, finances, and overall stability.

Product Crisis

A situation where a defect or negative revelation about a product significantly impacts a company's reputation and customer trust.