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Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495 Exercise 21
XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports.
Required:
a. How is XBRL more efficient for the firm that reports its business performance? Does the use XBRL GL in a firm's accounting software make XBRL more or less efficient than when XBRL GL is not used?
b. How is XBRL more efficient for those using its business reports for regulator, investing, or other purposes?
c. Are there any cases when it is less efficient to use XBRL?
Required:
a. How is XBRL more efficient for the firm that reports its business performance? Does the use XBRL GL in a firm's accounting software make XBRL more or less efficient than when XBRL GL is not used?
b. How is XBRL more efficient for those using its business reports for regulator, investing, or other purposes?
c. Are there any cases when it is less efficient to use XBRL?
Explanation
Verified
Verified
XBRL
It refers to eXtensible Business R...
Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
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