Question 1

Which of the following statements about XBRL is most true?

Accepted Answer

A)  Because it is extensible, companies can create new specifications that reside in an Internet namespace.
B)  Because it is organized in taxonomies, it is extensible.
C)  Because it is extensible, companies can create tags that are used in instance documents, as long as they are defined in a namespace.
D)  All of the above statements are true.E) All of the above
F) B) and C)

Question 2

XBRL is structured into taxonomies which reside in namespaces. All of the following are namespaces except:

Accepted Answer

A)  http://xbrl.us/country/2008-10-31
B)  http://xbrl.us/rr/2008-12-31
C)  http://xbrl.us/mda/2008-10-31
D)  http://xbrl.orgE) All of the above
F) A) and D)

Question 3

XBRL's global ledger taxonomy can be used for transaction processing, while the US financial reporting taxonomy is focused on output reports. Which of the following XBRL tags would you expect to find as part of the global ledger taxonomy?

Accepted Answer

A) invoice B) 10000 C) Both A and B D) Neither A nor BE) A) and B) F) A) and C)

Exam 9: XBRL

XBRL's global ledger taxonomy can be used for transaction processing, while the US financial reporting taxonomy is focused on output reports. Which of the following XBRL tags would you expect to find as part of the global ledger taxonomy?

Correct Answer
verified

Which of the following statements about XBRL is most true?

Correct Answer
verified

XBRL is structured into taxonomies which reside in namespaces. All of the following are namespaces except:

Correct Answer
verified

Exam 9: XBRL

XBRL's global ledger taxonomy can be used for transaction processing, while the US financial reporting taxonomy is focused on output reports. Which of the following XBRL tags would you expect to find as part of the global ledger taxonomy?

Correct AnswerverifiedShow Answer

Which of the following statements about XBRL is most true?

Correct AnswerverifiedShow Answer

XBRL is structured into taxonomies which reside in namespaces. All of the following are namespaces except:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified