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

question 24

Multiple Choice

From an accountant's perspective, one of the benefits of XBRL is the ability to obtain more rapid and reliable data and information on company financial performance.Such items would include:

• A)General purpose financial statements.
• B)Chart of accounts.
• C)Both general purpose financial statements and chart of accounts.
• D)Neither general purpose financial statements nor chart of accounts.

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Definitions:

Ceremony

A formal event or ritual conducted on special occasions, like weddings, graduations, or religious events.

Organizational Culture Artifact

Physical or symbolic items that represent the values and beliefs of an organization.

Salesperson of the Year Award

An accolade awarded within an organization to acknowledge the most outstanding salesperson based on performance, achievements, or sales figures.

Organizational Culture Artifact

Tangible or visibly recognizable elements within an organization that reflect its culture, such as its language, rituals, symbols, stories, and physical arrangements.