XBRL Tags Enable Computers to Process Data Intelligently by Storing

question 16

True/False

XBRL tags enable computers to process data intelligently by storing, updating, searching, analyzing, transmitting, and communicating with greater speed, standardization, and capabilities.

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Definitions:

Legislative Branch

The part of government responsible for making the laws, typically consisting of a parliament or congress.

Statutory Law

The assortment of rules and regulations put forth by legislatures.

Governing Authority

The organization, body, or individual that has the power to make and enforce rules, laws, and regulations within a specified jurisdiction.

Organized Society

A structured group of individuals governed by established laws, norms, and institutions.