Why is knowledge of XBRL important to accounting professionals? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
American Accounting Association encourages accounting programs to ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems The Crossroads of Accounting & IT
ISBN: 978-0132991322
2nd Edition
Authors: Donna Kay, Ali Ovlia
Question Posted:
Students also viewed these Accounting questions
-
Why is knowledge of cost behavior important for managerial decision making? Give an example to illustrate your answer.
-
Why is knowledge of cost behavior important for managerial decision making? Give an example to illustrate your answer.
-
Why is a knowledge of accounting terms and concepts useful to persons other than professional accountants?
-
Discriminate the Enablers and the Inhibitors to IT strategy alignment from the below IT fails to meet commitments IT does not understand business IT involved in strategy development IT understands...
-
Explain how a rise in the technology coefficient can lead to a rightward shift in the LRAS curve.
-
The number and type of the public health workers needed depends on such factors as the health priorities of the population, the availability of healthcare services, and the social and political...
-
Compare the rates of return, fees, and other factors for different savings plans that you might use to meet your financial goals. PFP Sheets 24, 25 www.nerdwallet.com www.fdic.gov www.savingsbonds.gov
-
Assume once again that you are a consultant who works for the Diligent Consulting Group. Generate a 95% confidence interval for the following two variables by hand: "Annual Amount Spent on Organic...
-
Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: January 41,000 February 38,000 March 50,000 April 51,000 Patrick's policy...
-
1. What might the hotel offer to the couple currently occupying the bridal suite to encourage them to move to another room? 2. What might the hotel offer the arriving couple as an incentive to select...
-
What is metadata? Explain how XBRL uses metadata.
-
Match the following terms and definitions. a. eXtensible Business Reporting Language (XBRL) b. metadata c. XBRL integrated tagging d. XBRL bolt-on tagging e. taxonomy f. elements g. schema h. XBRL...
-
Indifference curves are convex to the origin (i.e. bow inwards). Using your knowledge of the properties of indifference curves, explain why indifference curves cannot be concave to the origin (i.e....
-
Suppose that your credit card activity for December looked like this: Date Activity December 5 $384 purchase December 11 $347 purchase December 16 $174 purchase December 21 $480 purchase December 25...
-
A research group surveyed 300 students. The students were asked how often they go to the movies and whether they prefer comedies or dramas. Their responses are summarized in the following table....
-
C. Prove the following (you can use any formal induction/other theoretical method, "A" means power here): i. ii. iii. What is the time complexity recurrence relation for Fibonacci numbers? Explain it...
-
You and your partner run a small business together, with separate work roles. You are responsible for the business budget and have researched an improved budget process which you felt needs to be...
-
The actual selling expenses incurred in March 2022 by Carla Vista Company are as follows: Variable Expenses Fixed Expenses Sales commissions Advertising $14,576 Sales salaries $34,700 12.174...
-
How should a board react to an unsolicited request from an individual who wants to serve on the board?
-
Determine the volume of the parallelepiped of Fig. 3.25 when (a) P = 4i 3j + 2k, Q = 2i 5j + k, and S = 7i + j k, (b) P = 5i j + 6k, Q = 2i + 3j + k, and S = 3i 2j + 4k. P
-
Describe how the culture of divorce has changed over the past forty years.
-
Making a Decision as an Auditor: Effects of Errors on Income, Assets, and Liabilities Megan Company (not a corporation) was careless about its financial records during its first year of operations,...
-
Evaluating an Ethical Dilemma: Management Incentives and Fraudulent Financial Statements Netherlands-based Royal Ahold ranks among the worlds three largest food retailers. In the United States it...
-
Andrea Pafko, a fellow student, contends that the double entry system means that each transaction must be recorded twice. Is Andrea correct? Explain
-
Management makes many judgements and estimates in preparing accounts, some of which will have a significant effect on the reported results and financial position. Give examples of ZAIN estimates and...
-
What is the NPV of a project with an initial investment of $350,000 and annual cash inflows of $150,000 for the next 10 years? Cost of capital is 13% A $436,721.21 B $442,901.59 C $452,932.43 D...
-
Journal DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Joumalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of...
Study smarter with the SolutionInn App