XBRL Allows Meanings to Be Embedded Within Strings of Financial

question 44

Multiple Choice

XBRL allows meanings to be embedded within strings of financial data.This meaning is conveyed by:

• A)Embedding tags that identify where separate pieces of data start and end within strings of data.
• B)Embedding comments at the end of the strings of data.
• C)Specifying the meaning of data at the schema document.
• D)Having a set of internationally agreed meanings assigned to specific types of data.

---

Definitions:

Solver

A computational tool or software that finds solutions to mathematical problems or optimizes operational models.

Alpha

In finance, alpha is the measure of the active return on an investment compared to a market index used as a benchmark.

Solver

A mathematical tool used to find the optimal solution to a problem by iteratively testing possible solutions.

Exponential Smoothing

A statistical technique for forecasting where recent observations are given progressively higher weights, reducing the importance of older data.