XBRL Is Essentially A

question 163

Multiple Choice

XBRL is essentially a:

• A)new set of accounting standards.
• B)new set of auditing standards.
• C)a tagging system which allows computer programs to extract information from financial reports.
• D)new set of ethical standards.

---

Definitions:

Retrieval

The process of recalling information that has been previously learned or experienced from one's memory.

Recognition

The ability to identify a previously encountered stimulus.

Peg-word System

A mnemonic device that associates numbers with items that rhyme with or resemble the numbers to aid in memory.

Visual Encoding

The process by which visual sensory information is encoded for memory and later retrieval.