Bumble Beasley Commented: "I Understand the Benefits of XBRL, but Tagging

question 8

Multiple Choice

Bumble Beasley commented: "I understand the benefits of XBRL, but tagging all our company's journal entries and financial statements is too much work." Which of the following is the best response to Bumble's comment?

• A)XBRL cannot be used to tag journal entries.
• B)The tagging process can be automated.
• C)Both XBRL cannot be used to tag journal entries and the tagging process can be automated.
• D)Neither XBRL cannot be used to tag journal entries nor the tagging process can be automated.

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Definitions:

Alert

The state of being watchful and fully aware, often in preparation for or response to potential dangers or important news.

Waking State

A state of consciousness where an individual is fully awake and aware of their environment, as opposed to being asleep or in a dream state.

Brain Waves

Patterns of neuronal activity in the brain, detectable with EEG, associated with different states of consciousness and mental activities.

Postural Muscles

Muscles used to maintain the body's posture, providing stability and balance.