XBRL provides ___ for a company's financial information.

Name: XBRL provides ___ for a company's financial information.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

XBRL (eXtensible Business Reporting Language) provides a framework for expressing financial information in a standardized format, allowing for the context of data to be understood and shared efficiently. It does not provide GAAP (Generally Accepted Accounting Principles) itself, but it can be used to report financial information that complies with GAAP.

XBRL Provides ___ for a Company's Financial Information