Giving Clear Definitions and Tags to Financial Terms Using EXtensible

question 16

Multiple Choice

Giving clear definitions and tags to financial terms using eXtensible Business Reporting Language (XBRL) makes data ________.

• A)less transparent
• B)manually manageable
• C)concise and error-free
• D)computer-readable

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Definitions:

High Level

Referring to something that is advanced or complex, often involving abstract, broad, or in-depth aspects.

Endorsement Contracts

Legal agreements in which a party, often a celebrity, agrees to promote a product, service, or brand in exchange for compensation.

Likability

The quality that makes a person pleasant, friendly, and easy to like.

Mere Exposure Effect

The mere exposure effect is a psychological phenomenon where people tend to develop a preference for things merely because they are familiar with them.