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Consider the following flowchart symbols as you respond to the question: BLG Corporation uses systems flowcharts to teach its new employees about company procedures.If BLG adopts XBRL, those system flowcharts will likely incorporate fewer of ___ because ___.
Voting Stock
Shares that give the holder the right to vote on company matters.
Book Value
The remaining value of a corporation's assets after subtracting its debts, as noted in the balance sheet.
Equity Method
An accounting technique used for recording investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of the investee's net assets.
Equipment Account
An account on the balance sheet that represents the current value of the equipment owned by a company after adjusting for depreciation and amortization.
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