OTH Corporation prepares its general-purpose financial statements with Peachtree Complete Accounting. If OTH wanted to prepare XBRL instance documents, it should also use:

Question

Quizplus · Accepted Answer

To prepare XBRL instance documents, OTH Corporation should use tagging software, such as Ez-XBRL, which can help to efficiently and accurately convert the financial statements into machine-readable XBRL format. Developing their own tagging software using the systems development life cycle would be time-consuming and costly, and may not necessarily result in better quality XBRL documents than readily available commercial tagging software.

OTH Corporation Prepares Its General-Purpose Financial Statements with Peachtree Complete