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.

---

Definitions:

Extraverted College Student

A college student displaying traits of extraversion, characterized by outgoingness, sociability, and a high level of engagement with the external world.

Ambiguous

Something that can be understood or interpreted in more than one way, lacking clearness or definiteness.

Trustworthy

Refers to the ability to be relied on as honest or truthful.

Authentic

Genuine or real; not copied or false; true to one's own personality, spirit, or character.