XBRL Provides the Capability to Have a ________ for Each

question 24

Short Answer

XBRL provides the capability to have a ________ for each amount or fact appearing in a financial report.

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Definitions:

Exchange

is a marketplace where securities, commodities, derivatives, or other financial instruments are traded.

Treasury Stock

Treasury stock refers to previously issued shares that have been repurchased by the issuing company, reducing the amount of outstanding stock on the open market.

Financing Activities

Transactions involving external sources of funding, including debts, dividends, and sale or repurchase of shares.

Income Tax Expense

represents the cost associated with taxes on a company's income, taking into account both current and deferred tax obligations.