Organizations can benefit from XBRL by obtaining quicker responses from counterparties.Examples of counterparties include:
A)The SEC.
B)Lenders.
C)Both the SEC and lenders.
D)Neither the SEC nor lenders.

Question

Quizplus · Accepted Answer

XBRL can benefit organizations by providing quicker responses from counterparties such as the SEC and lenders. Therefore, both choices A and B are correct.

Organizations Can Benefit from XBRL by Obtaining Quicker Responses from Counterparties.Examples