Using XBRL for Internal Purposes Means That

question 34

Multiple Choice

Using XBRL for internal purposes means that:

• A)an organisation can set up the coding structure of the items they want to tag to match industry wide standards
• B)an organisation can set up the coding structure of the items they want to tag to match what is particularly suitable for that company
• C)an organisation must set up the coding structure of the items they want to tag to match a global standard
• D)None of the options are correct

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Definitions:

Specialization Of Labor

The division of labor where different workers or groups of workers engage in specific tasks, often leading to increased productivity.

Productivity

The ratio of a specific measure of output, such as real GDP, to a specific measure of input, such as labor; in this case, productivity measures real GDP per hour of labor.

Boredom

A state of feeling disinterested or unengaged with one's current activity or surroundings, often leading to restlessness.

Division Of Labor

The splitting of the production process into different stages, allowing workers to specialize in specific tasks, increasing efficiency and productivity.