XBRL Has the Ability to Tag Both Numerical and Nonnumerical

question 76

True/False

XBRL has the ability to tag both numerical and nonnumerical data.

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Definitions:

Inside Information

Confidential information about a company that has not been made public and could influence an investor's decision to buy or sell the stock.

Director's Liability

Refers to the legal responsibility of a company's directors to act in the best interest of the company, shareholders, and stakeholders, with potential personal liability for breaches of duty.

Fiduciary Duty

A legal or ethical relationship of trust where one party, the fiduciary, acts in the best interest of another, the principal or beneficiary.

Delaware

A state in the United States known for its business-friendly laws and courts, which make it a popular jurisdiction for incorporating companies.