Why would a public company decide to include XBRL interactive data tags within their financial statements?
A) The SEC requires public companies to embed iXBRL data tags.
B) The iXBRL data tags allow users to drill down into the details.
C) The company wants to improve the quality of data provided.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

All of these reasons are correct. The SEC mandates the use of iXBRL for enhancing data accessibility and comparability, allowing users to delve into financial details more efficiently, and overall improving the quality of financial data provided to the public.

Why Would a Public Company Decide to Include XBRL Interactive