The Statement Concerning the XBRL System of Reporting That Is

question 22

Multiple Choice

The statement concerning the XBRL system of reporting that is not true is:

• A)It was developed by the IASB
• B)It is required to be used by the largest companies to file their reports
• C)It is hoped that it will allow much faster analysis of company financial data by a wider group of users,with less error.
• D)None of the statements is untrue,i.e.all are true statements

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Definitions:

Personal Pizzas

Small-sized pizzas intended for individual consumption, often customizable with a variety of toppings.

Median

The middle value in a data set when it is arranged in ascending or descending order.

Midpoint

The value that lies exactly in the middle of a data set when it is ordered, or the central point of a line segment.

Set of Scores

A collection of numerical values obtained from a specific assessment or measurement.