Which of the following statements is not true about an XBRL instance document?
A) An instance document includes instruction code as to how the document should be physically arranged and displayed.
B) An instance document contains facts about specific financial statement line items.
C) An instance document uses separate tags for each specific element.
D) An instance document can be used to tag financial and nonfinancial elements.
Correct Answer:
Verified
Q44: At a minimum,a switch to IFRS from
Q45: A major way in which IFRS differs
Q46: Financial statements are prepared in a certain
Q47: The SEC requires U.S.companies to use XBRL
Q48: Each specific data item in an XBRL
Q50: Cash is a component of the adjusting
Q51: Communications technology and the Internet can be
Q52: The benefits of XBRL include
A)organizations can publish
Q53: IFRS stands for
A)International Financial Reporting Standards.
B)International Forensic
Q54: Explain the benefits of XBRL.
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