QUESTION 11 Communications technology and the Internet can be used to reduce the time and costs involved in disseminating financial statement information. Users of such financial information still struggle in that many recipients have different information delivery requirements and may have to manually reenter the information into their own decision analysis tools. The ideal solution to solve these problems and efficiently transmit financial information via the Internet is to use A) HTML B) XML CACH D XBRL OA. . OC. OD. QUESTION 12 Budgets used for internal planning purposes and performance evaluation should be developed on the basis of A) responsibility accounting B) generally accepted accounting principles. C) financial accounting standards. D) managerial accounting standards. O A OB. OC. OD