Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Question 1: (20 marks) XBRL (extensible Business Reporting Language) and is based on the XML language (Extensible Markup Language), is specifically designed to electronically communicate
Question 1: (20 marks) XBRL (extensible Business Reporting Language) and is based on the XML language (Extensible Markup Language), is specifically designed to electronically communicate business information and is used to facilitate business reporting of financial and nonfinancial data. Explain how XBRL works and how it makes business reporting more efficient
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669752c3c9e03_155669752c36bfae.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started