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:

National Issues

Problems, concerns, or challenges that affect a country as a whole, often relating to politics, economy, or social aspects.

Global Viewpoint

An outlook that considers the broader, international implications and perspectives in decision-making and strategy.

Individualism

A social theory favoring freedom of action for individuals over collective or state control and valuing the independence and self-reliance of the individual.

Social Frameworks

Structures that provide guidelines for behavior and interactions within social groups, including norms, roles, and institutions.