The Benefits of XBRL Include

question 54

Multiple Choice

The benefits of XBRL include:

• A) organizations can publish financial information only once, using standard XBRL tags.
• B) tagged data is readable and interpretable by computers, so users don't need re-enter data into order to work with it.
• C) Both are benefits of XBRL.
• D) Neither are benefits of XBRL.

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Definitions:

American Labor

Workforce or labor force in the United States, often focusing on aspects related to employment conditions, rights, and unions.

Direct Investment

A type of foreign investment where a company or individual establishes a business or acquires tangible assets in another country.

Local Market Conditions

The specific characteristics and dynamics of a market within a localized area, including factors such as demand, competition, and regulatory environment.

Global Market

A market that transcends national borders, encompassing worldwide commerce and trade.