Concerning XBRL,which of the following statements is not true?
A)XBRL is a variant of XML.
B)XBRL is specifically designed for use in communicating the content of financial data.
C)XBRL creates unique tags for each data item.
D)XBRL's adoption means accountants and systems professionals must know how to write XBRL code to take advantage of its benefits.

Question

Quizplus · Accepted Answer

While it is ideal for accountants and systems professionals to know how to write XBRL code, it is not a requirement for adoption or implementation. There are software tools available that can convert financial data to XBRL format without the need for manual coding.

Concerning XBRL,which of the Following Statements Is Not True