What Does XBRL Stand For

question 26

Multiple Choice

What does XBRL stand for?

• A)Exchangeable Business Reporting Language
• B)Extensible Business Reporting Language
• C)Executable Business Reporting Language
• D)Extensive Business Reporting Language

Compute the consideration transferred in a business acquisition.

Calculate consolidated financial statement accounts including receivables, inventory, buildings (net), and liabilities after a business combination.

Recognize the alternatives to the acquisition method and their applicability.

Understand statutory consolidation and its implications.

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Definitions:

Hyperphagia

An abnormal increase in appetite for food, often leading to excessive eating.

Social Phobia

A type of anxiety disorder characterized by an intense fear of being judged or scrutinized by others in social or performance situations.

Acrophobia

The intense fear of heights, which can significantly impact an individual's ability to climb ladders, ride in tall buildings, or even stand on a chair.

Necrophobia

An extreme or irrational fear of death or dead bodies.