An international information format designed specifically for business information is:
A)ERP.
B)XML.
C)Integrated Systems Format.
D)XBRL.

Question

Quizplus · Accepted Answer

XBRL (eXtensible Business Reporting Language) is an international information format designed specifically for business information. It allows for standardized communication of financial and business information between different systems, organizations, and countries. It enables companies to easily exchange financial information with investors, regulators, and other stakeholders in a uniform and standardized manner, reducing the time and costs associated with manual processes. ERP (Enterprise Resource Planning) is a system that integrates and manages all aspects of a company's operations, including finance, human resources, and inventory management. XML (eXtensible Markup Language) is a format used for encoding documents in a format that is both human-readable and machine-readable, which can be used for a variety of applications. Integrated Systems Format is not a recognized global format for business information.

An International Information Format Designed Specifically for Business Information Is