XBRL GL,or XBRL Global Ledger Taxonomy,is different from XBRL US GAAP because it facilitates:
A)Efficient communication between the firm and financial analysts.
B)Efficient communication within a firm.
C)Efficient communication between the firm and its suppliers.
D)Efficient communication between the firm and its customers.

Question

Quizplus · Accepted Answer

XBRL GL facilitates efficient communication within a firm by providing a standardized way to record and report financial data across all departments and systems. It is not specifically geared towards communication with financial analysts, suppliers, or customers.

XBRL GL,or XBRL Global Ledger Taxonomy,is Different from XBRL US