XBRL Allows Organizations to Simplify the Process and Reduce the Costs

question 21

Multiple Choice

XBRL allows organizations to simplify the process and reduce the costs involved in regulatory reporting to agencies such as:

• A)The IRS.
• B)The SEC.
• C)Both the IRS and the SEC.
• D)Neither the IRS nor the SEC.

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Definitions:

Basic Trust

According to Erik Erikson, a sense that the world is predictable and trustworthy; said to be formed during infancy by appropriate experiences with responsive caregivers.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in early infancy.

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the consequences of behavior.

Symbolic Thinking

The ability to use symbols, language, or other objects to represent and understand abstract concepts.