Several years ago, PPK Corporation paid a team of consultants to develop specialized software for their accounting information system. Which of the following benefits of XBRL is uniquely applicable to PPK?
A) Companies will avoid re-keying of data and other manual tasks.
B) Consolidate results across divisions and subsidiaries with much greater speed and reliability.
C) Free themselves from proprietary systems.
D) Obtain quicker responses from counterparties.
Correct Answer:
Verified
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A) Removes the need for accountants to
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