What Was XBRL Developed to Standardize and Streamline

question 69

Multiple Choice

What was XBRL developed to standardize and streamline?

• A)Data analysis
• B)Financial and business reports
• C)Business intelligence
• D)Decision making

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Definitions:

Marginal Utility

The increased happiness or advantage derived from the consumption of one extra piece of a good or service.

Total Utility

The full pleasure gained by using a particular volume of goods or services.

Marginal Utility

The increased enjoyment or advantage gained by a consumer from acquiring one more unit of a particular good or service.

Utility Schedule

A table or graph showing the level of satisfaction or utility that a consumer derives from consuming different quantities of a good or service.