Which Types of Organisations Can Use XBRL to Save Costs

question 39

Multiple Choice

Which types of organisations can use XBRL to save costs and improve efficiency in handling business and financial information?

• A)Government agencies.
• B)Non-profit organisations.
• C)Publicly listed companies.
• D)All types of organisations.

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Definitions:

Stock-Based Incentive Programs

Compensation schemes that provide employees with stock options or restricted stocks, aiming to align their interests with those of shareholders.

Line-Of-Sight Problem

Refers to the difficulty employees may have in seeing how their individual efforts and roles contribute to the strategic objectives of the organization.

Executive Employees

High-level employees of a company who have significant decision-making powers.

Performance Feedback

The process of giving employees information and evaluations regarding their job performance, aiming to reinforce positive behaviors and correct any deficiencies.