XBRL Terminology

question 44

Short Answer

XBRL terminology. Fill in the blanks below with appropriate words/phrases to define the indicated XBRL terminology.
a. A ______ is a particular example of a larger group. XBRL is part of a larger group of languages referred to as ______.
b. A ______ is a way to organize knowledge. XBRL is made up of several ______ focused on specific ______.
c. A ______ is like an XBRL dictionary. The ______ of ______ would reside in one; they have ______ just like web pages.
d. An ______ is a specific example of ______ XBRL information.
e. The "X" in XBRL stands for ______. Users can add ______to the basic XBRL language without changing its fundamental purpose, ______ or existing ______.

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Definitions:

Random Variation

The unpredictable fluctuations or differences that can occur within any process or set of data due to chance.

Exponential Smoothing

A time series forecasting method for data smoothing using exponential window functions.

Customer Demand

The quantity of products or services that consumers are willing and able to purchase at various prices over a given period of time, influencing production and pricing strategies.

Consensus Forecast

A forecasting method involving the aggregation of predictions from various experts or models, aiming for a more accurate and reliable outcome by considering multiple perspectives.