XRLB reporting:
A) must be used by banks to file required quarterly "Call Reports"
B) is used substantially both in the US and internationally.
C) facilitates the fulfillment of legal requirements stipulated in SOX.
D) All of the above.
E) None of the above.

Question

Quizplus · Accepted Answer

XRLB reporting is used by banks to file required quarterly "Call Reports," and is also used substantially both in the United States and internationally. Additionally, it facilitates the fulfillment of legal requirements stipulated in the Sarbanes-Oxley Act (SOX), making option D the correct choice.

XRLB Reporting