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.

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Definitions:

Administrative Agencies

Governmental bodies responsible for executing laws and regulations within specific areas such as health, safety, and the environment.

Agency Decisions

Decisions made by an entity or individual acting on behalf of another entity or individual, usually within a legal or organizational context.

Common Law

A body of unwritten laws based on legal precedents established by the courts.

Coomer v. Kansas City Royals Baseball Corp.

A legal case that addressed the issue of spectator injuries at sporting events and the scope of liability for professional sports teams.