3. XBRL John Ozment, director of special projects and analy. sis for Ozment's Corporation is responsible for pre- paring corporate financial analyse and monthly statements, and for reviewing and presechug the financial impacts of proposed stegies to per management Data for such ancial analyses and obtained from operations and to databases through direct queries of Czent's department staff. Reports and charts for prescriations are then prepared by hand and typed. Multiple copics are pre- pared and distributed to various users. The pressure on Ozment's group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found The systems department wants to develop a pro- prietary software package to produce the reports automatically. The project would require the com- pany to make a considerable programming invest- ment. Ozment is concerned about the accuracy, completeness, and currency of data in automatically produced reports. He has heard about a reporting system called XBRL and wonders whether a new 3. XBRL John Ozment, director of special projects and analy. sis for Ozment's Corporation is responsible for pre- paring corporate financial analyse and monthly statements, and for reviewing and presechug the financial impacts of proposed stegies to per management Data for such ancial analyses and obtained from operations and to databases through direct queries of Czent's department staff. Reports and charts for prescriations are then prepared by hand and typed. Multiple copics are pre- pared and distributed to various users. The pressure on Ozment's group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found The systems department wants to develop a pro- prietary software package to produce the reports automatically. The project would require the com- pany to make a considerable programming invest- ment. Ozment is concerned about the accuracy, completeness, and currency of data in automatically produced reports. He has heard about a reporting system called XBRL and wonders whether a new