Which of the following statements about XBRL is most true?
A) Because it is extensible, companies can create new specifications that reside in an Internet namespace.
B) Because it is organized in taxonomies, it is extensible.
C) Because it is extensible, companies can create tags that are used in instance documents, as long as they are defined in a namespace.
D) All of the above statements are true.
Correct Answer:
Verified
Q5: XBRL is structured into taxonomies which reside
Q7: With respect to XBRL, Global Ledger and
Q8: Most accounting information systems comprise five generic
Q12: XBRL provides _ for a company's financial
Q13: XBRL's global ledger taxonomy can be used
Q16: XBRL is organized in taxonomies.All of the
Q17: The Internet address that defines XBRL tags
Q18: In the notation <ifrs-gp:AssetsHeldSale>, ifrs-gp is a
Q19: Which of the following terms best explains
Q19: XBRL's structure is flexible, so companies can
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