XBRL Helps Organizations Save Cost By

question 46

Multiple Choice

XBRL helps organizations save cost by:

• A) Eliminating the need for accountants.
• B) Avoiding re-keying of data.
• C) Guaranteeing data accuracy.
• D) Replacing general ledger software.

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Definitions:

Vision and Goals

The desired future state an individual or organization aspires to achieve, and the specific, measurable objectives set out to reach that vision.

Transactional Leadership

A leadership style centred on clear exchanges between leaders and followers, focusing on performance and rewards.

Inspirational Promotion

Marketing or motivational strategies designed to uplift and motivate an audience, encouraging affirmative action or positive change.

Consistent Vision

A clear, unchanging long-term goal or set of goals that guides a company or individual's decisions and strategies.