An accountant at RDR Corporation, an investment management firm, was using XBRL to prepare the company's income statement for transmission to the SEC. The accountant had to create a tag for an account unique to RDR's accounting information system, which she then defined in an appropriate location on RDR's web site.
-Which of the following phrases from the RDR scenario is most closely associated with the term "taxonomy?"
A) Investment management firm.
B) XBRL.
C) Create a tag.
D) RDR's web site.
Correct Answer:
Verified
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