All of the Following Are Benefits of XBRL Except

question 50

Multiple Choice

All of the following are benefits of XBRL except:

• A)Companies can file financial information in one format,avoiding the errors that may come from reentering data
• B)The SEC accepts XBRL-format for electronic filing of financial statement reports
• C)XBRL permits the automatic and reliable exchange of financial information across many software formats and technologies,including the Internet
• D)all of the above are benefits of XBRL
• E)none of the above are benefits of XBRL

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Definitions:

R&D-Manufacturing Efficiencies

Improved productivity and innovation resulting from close coordination between research and development (R&D) and manufacturing processes.

Market Segments

Subsets of a market made up of consumers or organizations with similar attributes who are expected to respond similarly to marketing strategies.

Strategic Marketing Process

A structured method for developing, implementing, and assessing marketing tactics to accomplish business goals.

Tactical Marketing Process

A targeted approach focusing on actions and strategies to achieve short-term marketing goals.