Which of the Following Taxonomies Are Part of XBRL: (I)

question 22

Multiple Choice

Which of the following taxonomies are part of XBRL: (i) Currency, (ii) GL, (iii) Monetary.

• A) i and ii only.
• B) ii and iii only.
• C) i and iii only.
• D) i, ii and iii.

---

Definitions:

Marginal Cost

The amount of money needed to produce one more unit of a specific good or service.

Mineral Water

Water that contains various minerals, such as salts and sulfur compounds, often sourced from a well or spring and considered beneficial to health.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers at those prices.

Profit-Maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.