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An XBRL Namespace Is Required When: (I) a Company Wants

question 14

Multiple Choice

An XBRL namespace is required when: (i) a company wants to use an existing taxonomy, (ii) a company wants to add its own tags to an existing taxonomy, (iii) a company needs to define a new tag.

Comprehend the challenges and psychosocial tasks of young adulthood as defined by Erikson.
Understand different types of managers within organizations and their characteristics.
Explain the role of power in organizational subunits and how it is acquired through strategic contingencies.
Identify the factors that increase or decrease the power of organizational subunits.

Definitions:

Money Income

It refers to the total amount of monetary earnings received by an individual or household, including wages, salaries, and other forms of financial income.

Revenues

The sum of money a business acquires from selling goods or offering services over a certain time frame.

Households

Economic units that represent all individuals living in a single dwelling, sharing income and expenses; primary consumers in the economy.

Centrally Planned Economies

Economic models in which all decisions about what to produce and how to distribute goods and services are made by the government or a central body.

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