XBRL Has the Ability to Tag

question 42

Multiple Choice

XBRL has the ability to tag

• A)Metadata and databases
• B)Numerical and non numerical data
• C)Spreadsheets and Adobe PDF files
• D)Microsoft Word documents

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Definitions:

Federal Insurance Contributions Act

U.S. legislation that funds Social Security and Medicare through payroll taxes imposed on both employers and employees.

FICA

The Federal Insurance Contributions Act, which mandates a payroll tax to fund Social Security and Medicare in the United States.

Fair Labor Standards Act

A federal law in the United States that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.

Employees

Individuals hired by a business or organization to perform work in exchange for compensation.