From an Accountant's Perspective, One of the Benefits of XBRL

question 16

Multiple Choice

From an accountant's perspective, one of the benefits of XBRL is the ability to focus effort on analysis and value-added work.Value-added work includes such items as

• A)Posting entries from the journal to the ledger.
• B)Interpreting financial statement ratios.
• C)Both posting entries from the journal to the ledger and interpreting financial statement ratios.
• D)Neither posting entries from the journal to the ledger nor interpreting financial statement ratios.

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Definitions:

Bone Fragments

Small pieces of bone, often the result of fractures, that are separated from the main bone.

Embolus

A circulating mass in a blood vessel; foreign material that obstructs a blood vessel.

Foreign Material

Substances or objects not naturally present or expected to be in a particular location, which can cause harm or infection if introduced into the body.

Blood Vessels

Tubular structures carrying blood throughout the body, including arteries, veins, and capillaries.