What Is the Advantage of Extensible Business Reporting Language (XBRL)

question 37

Multiple Choice

What is the advantage of extensible business reporting language (XBRL) over extensible markup language (XML) ?

• A) XBRL employs standardized tags.
• B) XBRL is objective.
• C) XBRL is independent.
• D) XBRL allows the user to define the tags.

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Definitions:

Authority

Authority refers to the power or right to give orders, make decisions, and enforce obedience in a particular area or domain.

Executive Marketing Officers

Senior executives responsible for developing and overseeing the implementation of marketing strategies and campaigns for a business.

Market-Based Grouping

A strategy that involves organizing a company's activities, products, or services based on specific markets or customer segments.

Ingram Micro

A multinational distributor of information technology products and services, providing a wide range of solutions to businesses globally.