PPK Corporation Is a US-Based Company with Branches All Over

question 39

Multiple Choice

PPK Corporation is a US-based company with branches all over the western hemisphere. Which of the following benefits of XBRL is uniquely applicable to PPK?

• A) Companies will avoid re-keying of data and other manual tasks.
• B) Consolidate results across divisions and subsidiaries with much greater speed and reliability.
• C) Improve investor relations through provision of more transparent and user-friendly information.
• D) Obtain quicker responses from counterparties.

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Definitions:

Health And Safety Violations

Regulations and guidelines related to ensuring the welfare, health, and safety of employees and the public that are not adhered to by an individual or organization.

Public Companies

These are corporations whose ownership is distributed among the general public through freely tradable shares listed on a stock exchange.

Technical Expertise

Specialized knowledge and skills in a specific field or technology, enabling individuals to perform tasks with high proficiency.

Logrolling

The practice of exchanging favors, especially in politics, by reciprocal voting for each other's proposed legislation.