An Accountant at RDR Corporation, an Investment Management Firm, Was

question 5

Multiple Choice

An accountant at RDR Corporation, an investment management firm, was using XBRL to prepare the company's income statement for transmission to the SEC. The accountant had to create a tag for an account unique to RDR's accounting information system, which she then defined in an appropriate location on RDR's web site.
-Which of the following phrases from the RDR scenario is most closely associated with the term "instance document?"

• A) Investment management firm.
• B) XBRL.
• C) Income statement.
• D) RDR's web site.

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Definitions:

Repatriation Plan

A strategy designed to assist employees in transitioning back to their home country after completing an international assignment.

Career Positions

Employment roles that offer a path of progression, often requiring specific skills and offering long-term employment.

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Businesses that are registered, based, or originated in Canada, operating under Canadian laws and regulations.

PEST Analysis

An analytical framework used to assess external factors affecting a business's strategy: Political, Economic, Social, and Technological.