The Goal of Using EXtensible Business Reporting Language (XBLR)in Compliance

question 116

Multiple Choice

The goal of using eXtensible Business Reporting Language (XBLR) in compliance reporting is to ________.

• A)develop a common language for all accounting and business reports
• B)avoid transparency so that financial data are kept confidential
• C)ensure that only computer programs know the meaning of tagged concepts in reports
• D)ensure that only humans know the meaning of tagged concepts in reports

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Definitions:

Instructions Carefully

A reminder to pay close attention and follow given guidelines or procedures precisely.

Photographic Essay

A set of photographs that are intended to tell a story or evoke a series of emotions in the viewer. It is a way to convey narratives through a series of images, often accompanied by captions or a written narrative.

Analyze And Interpret

To examine systematically and in detail the constitution or structure of something, typically for purposes of explanation and interpretation.

Themes Covered

Topics or subjects that have been addressed or explored in a discussion or piece of work.