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:

Autonomic Nervous System

A part of the peripheral nervous system that regulates involuntary body functions, including heart rate, digestion, and respiratory rate.

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen.

Phobic Fear

An intense, irrational fear of specific objects, situations, or activities, leading to avoidance behavior and distress.

Spiders

Arachnids characterized by eight legs, a body divided into two parts (the cephalothorax and abdomen), and the ability to spin webs.