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:

Chapter 7 Bankruptcy

A type of bankruptcy that involves the liquidation of assets to repay creditors, resulting in the discharge of most debts.

Liquidated

Converted into cash or sold off, typically used in the context of dissolving a business and settling debts.

Americans with Disabilities Act

A civil rights law that prohibits discrimination based on disability.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, or other protected characteristics.