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Ch 9 # 3 iit hot uue, Indicate why t answer for each que 1. XBRL is: a. A new GAAP standard that must be
Ch 9 # 3
iit hot uue, Indicate why t answer for each que 1. XBRL is: a. A new GAAP standard that must be used for SEC filings. b. A c. Owned by the SEC. d. All of the above. tool for labeling financial information and providing context for it. 2. As the term is used in XBRL, a namespace is: a. A URL created by a company that wants to extend XBRL b. A dictionary for finding definitions of new XBRL terms. c. Both a and b. d. Neither a nor b. 3. Tagging software: a. Is a requirement for using XBRL b. Removes the need for human judgment from XBRL coding. c. Often functions as an add-on to other software. d. All of the above Step by Step Solution
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