Instead of Installing an Enterprise System or Writing ________ to Connect

question 20

Short Answer

Instead of installing an enterprise system or writing ________ to connect various systems, Walcoal in Japan uses XBRL to make data interchangeable among its systems.

---

Definitions:

Sarbanes-Oxley Act

U.S. legislation enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.

Securities Commission

A government agency or body responsible for regulating the securities industry and protecting investors.

Venture Capital

A form of private equity financing provided by investors to startups and small businesses with long-term growth potential.

Accounting Firms

Businesses specializing in providing financial services including auditing, taxation, financial reporting, and advisory services to their clients.