XBRL Serves as a Means to Electronically Communicate Business Information

question 58

True/False

XBRL serves as a means to electronically communicate business information to facilitate business reporting of financial and nonfinancial data to users.XBRL greatly enhances the speed and accuracy of business reporting.

---

Definitions:

Experience

the knowledge or skill acquired by a person through involvement in or exposure to events over time.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity.

Acceptable Behavior

Actions or conduct considered appropriate, respectable, or within the norms and standards of a particular group, society, or culture.

Real Task

The actual duty or assignment that needs to be accomplished, in contrast to tasks perceived as unnecessary or irrelevant.