XBRL
A)is the basic protocol that permits communication between Internet sites
B)controls web browsers that access the web
C)is the document format used to produce web pages
D)was designed to provide the financial community with a standardized method for preparing reports

Question

Quizplus · Accepted Answer

XBRL (eXtensible Business Reporting Language) was specifically developed to enable standardized reporting of financial information, making it easier for organizations to share financial data and for investors to compare financial performance across different companies.