It Is Advocated That Every Accountant and Financial Professional Should

question 59

Multiple Choice

It is advocated that every accountant and financial professional should be familiar with XBRL.However,which of the following is actually NOT required in this regard?

• A)Knowing how to navigate the XBRL taxonomies.
• B)Knowing how to use the XBRL taxonomies.
• C)Knowing how to create XBRL instance documents.
• D)Knowing how to obtain a high level of XBRL assurance.

Know the criteria for submitting shareholder proposals within a corporation.

Evaluate the avenues available for shareholders to address grievances against corporate management.

Discuss statutory protections for directors and the procedural steps involved in shareholder litigation and recognition in corporate affairs.

Identify different types of software and their purposes.

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Definitions:

Normal Duration

The standard amount of time typically expected for a particular task or activity to be completed under normal conditions.

Organization

A structured group of people working together towards shared goals or objectives, typically characterized by roles, norms, and hierarchies.

Network Delay

The time it takes for data to travel across a network from one point to another, influenced by factors such as transmission distances and network congestion.

PERT Networks

Project management tools used to plan, schedule, and control complex projects, showcasing tasks as a network of nodes.