XBRL's Structure Is Flexible, So Companies Can Extend It When

question 30

Multiple Choice

XBRL's structure is flexible, so companies can extend it when the need arises.Which of the following terms is most likely to require an extension of an existing XBRL taxonomy?

• A)Asset
• B)Operating cash flow
• C)Both Asset and Operating cash flow will likely require an extension of an existing taxonomy.
• D)Neither Asset nor Operating cash flow will likely require an extension of an existing taxonomy.

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Definitions:

Customization

The process of modifying a product or service to meet individual customers’ preferences or specific requirements.

Pull Strategy

A marketing approach that aims to create demand for a product or service and entice customers to actively seek it out, often through promotions and awareness campaigns.

Push-Pull Strategy

A marketing technique that combines both push marketing strategies to create demand among retailers and pull marketing strategies to engage consumers directly.

Logistics Operations

The management and coordination of complex processes involved in the movement, storage, and handling of goods from origin to destination.