It is advocated that every accountant and financial professional should be familiar with XBRL.However,which of the following is actually NOT required in this regard?
A)Knowing how to navigate the XBRL taxonomies.
B)Knowing how to use the XBRL taxonomies.
C)Knowing how to create XBRL instance documents.
D)Knowing how to obtain a high level of XBRL assurance.

Question

Quizplus · Accepted Answer

While familiarity with XBRL is important, obtaining a high level of XBRL assurance is not necessarily required of every accountant and financial professional. This task may be more applicable to those who specialize in XBRL auditing or assurance services. A, B, and C are all important skills for working with XBRL.

It Is Advocated That Every Accountant and Financial Professional Should