Within the first quarter of implement XBRL, the FDIC went from a 66 percent data accuracy to
A)80 percent accuracy
B)95 percent accuracy
C)73 percent accuracy
D)99 percent accuracy

Question

Quizplus · Accepted Answer

The FDIC experienced a significant improvement in data accuracy, going from 66 percent to 95 percent accuracy within the first quarter of implementing XBRL (eXtensible Business Reporting Language). This showcases the effectiveness of XBRL in enhancing the accuracy of financial data reporting.

Within the First Quarter of Implement XBRL, the FDIC Went