Discuss Three Control Implications of XBRL

question 44

Essay

Discuss three control implications of XBRL

Identify measures to manage and reduce fiscal deficits.

Comprehend the relationship between the national debt, federal budget, and economic indicators.

Understand the roles of taxes and government spending in fiscal policy.

Recognize the impact of automatic stabilizers on the economy.

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Definitions:

Direct Flotation Costs

Expenses directly incurred by a company when it issues new securities, such as underwriting fees, legal fees, and registration fees.

Offering Size

The total value or amount of securities, such as stocks or bonds, that are made available for sale in a public offering.

Gross Proceeds

The total amount of money received from a transaction before any deductions or expenses are subtracted.

Direct Private Long-term Debt Financing

A method of funding where companies borrow money directly from lenders on a long-term basis without public issuance through financial markets.