XBRL reporting:
A)must be used by banks to file required quarterly "call reports"
B)is used substantially both in the US and internationally
C)facilitates the fulfillment of legal requirements stipulated in SOX
D)all of the above

Question

Quizplus · Accepted Answer

XBRL reporting must be used by banks to file required quarterly "call reports" in the US, and it is also used substantially both in the US and internationally. It also facilitates the fulfillment of legal requirements stipulated in SOX (Sarbanes-Oxley Act).

XBRL Reporting