XBRL Statement A 25000 -XBRL software tools using a specified taxonomy transforms data into an XBRL

Question

Quizplus · Accepted Answer

An XBRL instance document is created by transforming financial data using a specified taxonomy. Therefore, the statement given can be transformed into an XBRL instance document. Option A, schema, is incorrect because a schema is a blueprint for the structure of the XBRL instance document. Option C, linkbase, is incorrect because it provides information about the relationships between elements in an XBRL instance document. Option D, element, is incorrect as it refers to individual data points within an XBRL instance document.

XBRL Statement a ≪ifrs-Gp:PrepaymentsCurrent ContextRef="Current_AsOf" UnitRef="U-Euros" Decimals="0">25000</ifrs-Gp:PrepaymentsCurrent>