Michael and Michelle Are Partners in M & M Consulting

question 33

Essay

Michael and Michelle are partners in M & M Consulting, a firm that specializes in technology-related issues for accounting information systems. They are currently working with a large publicly-traded corporation to implement XBRL for financial reporting to the SEC. The partners are illustrating XBRL to the client's board of directors using a purchase order as an example.
-A member of the board expressed concern about the technical aspects of XBRL.-specifically, the time involved in creating tags and the possibility for error. Identify two software tools that can help create XBRL tags automatically.

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Definitions:

Scales

Instruments or systems for measuring or assessing a particular characteristic or quantity, such as weight, severity, or performance.

Reinforcement

In behavioral psychology, a process by which a stimulus increases the probability of a response through its presentation (positive reinforcement) or removal (negative reinforcement).

Prelinguistic Vocalization

Early sounds made by infants before they acquire language, including cooing and babbling, important for speech development.

Brain Structures

The various parts of the brain, each responsible for different functions, including thought, emotion, sensation, and movement.