Extensible Business Reporting Language (XBRL)provides a computer readable identifying tag for each individual item of data.The advantages of XBRL include all of the following except
A)increases the speed of handling of financial data.
B)reduces the chance of error.
C)improves the full disclosure of financial information.
D)permits automatic checking of information.

Question

Quizplus · Accepted Answer

The advantages of XBRL include increasing the speed of handling financial data, reducing the chance of error, and permitting automatic checking of information. However, XBRL does not necessarily improve the full disclosure of financial information. It simply makes the disclosed information more easily accessible and computable by computers. The accuracy and transparency of the disclosed information still depend on the quality and integrity of the underlying data.

Extensible Business Reporting Language (XBRL)provides a Computer Readable Identifying Tag