Communications Technology and the Internet Can Be Used to Reduce

question 2

Multiple Choice

Communications technology and the Internet can be used to reduce the time and costs involved in disseminating financial statement information.Users of such financial information still struggle in that many recipients have different information delivery requirements and may have to manually reenter the information into their own decision analysis tools.The ideal solution to solve these problems and efficiently transmit financial information via the Internet is to use

• A) HTML code.
• B) XML.
• C) pdf file.
• D) XBRL.

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Definitions:

Normal Goods

Goods for which demand increases as the income of the consumer increases.

Tablets

Portable computing devices featuring touchscreens and offering a wide range of applications.

Incomes of Tablet Users

The earnings or revenue associated with individuals who use tablets, potentially examined for market research or demographic studies.

Price of Online

The cost associated with purchasing goods or services through the internet, often reflecting digital marketplace dynamics.