Because XBRL Is an "Open Source" Information Technology Tool, Companies

question 28

Multiple Choice

Because XBRL is an "open source" information technology tool, companies can:

• A)Add tags as necessary.
• B)Choose which tagging software they will use.
• C)Both add tags as necessary and choose which tagging software they will use.
• D)Neither add tags as necessary nor choose which tagging software they will use.

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Definitions:

Patronage

The support, encouragement, privilege, or financial aid that an organization or individual bestows to another.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, radically transforming societies.

Vulnerable

Exposed to the possibility of being attacked or harmed, either physically or emotionally.

Economic Interests

Financial or material stakes affecting individuals, groups, or institutions, driving their actions in the economy.