XBRL Statement B ≪us-Gaap:LongTermInvestments ContextRef="ctx104" UnitRef="U-Euros" Decimals="2">450000</us-Gaap:LongTermInvestments>

question 64

Multiple Choice

XBRL Statement B
<us-gaap:LongTermInvestments contextRef="ctx104" unitRef="U-Euros" decimals="2">450000</us-gaap:LongTermInvestments>
-In the XBRL Statement B, which taxonomy is used?

• A)IFRS
• B)Global Ledger
• C)Long Term Investments
• D)GAAP

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Retained Earnings Statement

A financial statement that summarizes the changes in retained earnings for a specific period.

Income Statement

A financial statement that provides a summary of a company’s revenues, expenses, and profits/losses over a specified period.

Stock Dividends Distributable

Shares to be issued to shareholders as part of a stock dividend, representing a portion of earnings not paid out as cash dividends.