Consider the following flowchart symbols as you respond to the question: BLG Corporation uses systems flowcharts to teach its new employees about company procedures.If BLG adopts XBRL, those system flowcharts will likely incorporate fewer of ___ and more of ___.
A)Symbol A; Symbol C
B)Symbol B; Symbol A
C)Symbol C; Symbol A
D)None of these; the use of XBRL will not affect symbols used in systems flowcharts.

Question

Consider the following flowchart symbols as you respond to the question:  BLG Corporation uses systems flowcharts to teach its new employees about company procedures.If BLG adopts XBRL, those system flowcharts will likely incorporate fewer of ___ and more of ___.
A)Symbol A; Symbol C 
B)Symbol B; Symbol A 
C)Symbol C; Symbol A 
D)None of these; the use of XBRL will not affect symbols used in systems flowcharts.

Quizplus · Accepted Answer

XBRL is a technology used for tagging financial data in a standardized way, which can be easily exchanged and analyzed. It is a type of computer language that enables companies to exchange financial and accounting information electronically. XBRL tags provide a structured way of identifying and describing financial data, which makes it easier to analyze and process this data. As a result, system flowcharts that incorporate XBRL technology are likely to use more of Symbol C (input/output) as data is exchanged electronically and less of Symbol A (manual input) as data is entered automatically.

Consider the Following Flowchart Symbols as You Respond to the Question