______________________________ Is a Generalized System for the Customized Tagging of Data

question 58

Short Answer

______________________________ is a generalized system for the customized tagging of data to enable the definition, transmission, and interpretation of data over the Internet. It uses predefined tags to let information providers create uniform information for users.

Comprehend the effects of specific business transactions on the statement of cash flows.

Identify how noncash transactions are reported in financial statements.

Apply the indirect method to prepare the operating activities section of the statement of cash flows.

Apply knowledge of accounting principles to calculate cash payments and cash receipts from operating activities using the direct method.