Which programming language is used for financial reporting around the globe?
A)XBRL
B)XML
C)HTML
D)SGML

Question

Quizplus · Accepted Answer

XBRL (eXtensible Business Reporting Language) is the programming language specifically designed for financial reporting. It is used globally by regulators, exchanges, and companies to prepare, publish and exchange financial reports in an efficient, accurate and timely manner. XML (Extensible Markup Language), HTML (Hypertext Markup Language), and SGML (Standard Generalized Markup Language) are also markup languages but not specifically designed for financial reporting.

Which Programming Language Is Used for Financial Reporting Around the Globe