Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 27, 2024

Question 15 Which of the following statements is false ? XBRL uses a taxonomy to help define and describe each key data element, but it

Question 15

Which of the following statements is false?

XBRL uses a taxonomy to help define and describe each key data element, but it is not capable of defining relationships between each element

Firms can make their own tags if they feel their financial data item does not fit within the existing framework

Sometimes very similar financial data items have unique tags, making direct comparisons between companies difficult

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Thomas Calculus Early Transcendentals

Authors: Joel R Hass, Christopher E Heil, Maurice D Weir

13th Edition

978-0321884077, 0321884078

Students also viewed these Accounting questions

Question

★★★★★

A histogram of the numbers of murders per state in 2012 is shown in Fig. 87 for the 50 states. a. If there were two outliers, then estimate what they would be. For each of your estimates, find the...

Answered: 1 week ago

Question

★★★★★

For a sample of ???? = 88 observations cross-classified into a 3 3 contingency table, how many degrees of freedom does the test statistic ????2 have in a test of independence?

Answered: 1 week ago

Question

★★★★★

Why do better decision regarding the purchasing and managing of goods for sale frequently cause dramatic percentage increases in net income?

Answered: 1 week ago

Question

★★★★★

4C. Meredith Delgado owns a small firm that has developed software for organizing and playing music on a computer. Her software contains q. number.of unique features that she has patented so her...

Answered: 1 week ago

Question

★★★★★

In Fig. P.14.39 is shown a section of a thin- walled member made from an aluminum aloy. If the thick- ness is .050 in., what is the stress and rate of twist for a torque of 1000 in.-lb? Take G for...

Answered: 1 week ago

Question

★★★★★

What valuable insights can businesses gain from social media analytics? Question 18Answer a. Data on audience demographics and engagement metrics b. Performance measurement of salesman c. Reframing...

Answered: 1 week ago

Question

★★★★★

If feedforward controls are the most proactive, then why do organizations need or use feedback controls? Explain and defend your answer.

Answered: 1 week ago

Question

★★★★★

The slotted arm OA rotates about a horizontal axis through point O. The 0.27-kg slider P moves with negligible friction in the slot and is controlled by the inextensible cable BP. For the instant...

Answered: 1 week ago

Question

★★★★★

Canadian Auditing Standard (CAS) 315 provide guidance on improving the quality of auditing by requiring auditors to gain a deeper understanding of their clients\' businesses and the risks that could...

Answered: 1 week ago

Question

★★★★★

Alex appears upset and challenges the low ratings. The conversation does not go well as a result. Alex later says to Amy "my financial numbers are great" and "I make a lot of money for this company."...

Answered: 1 week ago

Previous Question Next Question