XBRL Stands for

question 88

Multiple Choice

XBRL stands for

• A)Extensive Business Registering Location.
• B)Extractable Business Reporting Location.
• C)Extensible Business Reporting Language.
• D)Existing Business Responsibility Language.

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Definitions:

Average Total Assets

A measure used to evaluate a company's efficiency at using its assets by calculating the average of its total assets over a specific period.

Operating Income

The profit realized from a business's ongoing operations, calculated before interest and taxes.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.

Shares of Stock

Units of ownership interest in a corporation or financial asset, representing an equal proportion of the company's capital.