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

Apply knowledge of accounting principles to analyze the effects of various transactions on the statement of cash flows.

Synthesize information to determine the cash impact of transactions not directly related to cash flows from operating activities, such as investing and financing activities.

Understand the appropriate communication strategies with patients regarding laboratory tests.

Identify the types and characteristics of control samples in laboratory settings.

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Definitions:

Private Sector

Refers to the part of the economy that is run by individuals and companies for profit and is not state controlled.

Public Sector

The part of the economy comprising government services and publicly operated enterprises, funded by taxation.

Communist Credo

A set of ideological beliefs central to communism, advocating for a classless society in which the means of production are owned and controlled communally.

The Soviet Union

A former federal socialist state in northern Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).