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 "instance document?"

Question

Quizplus · Accepted Answer

An "instance document" in XBRL refers to a file that contains business and financial information, such as an income statement, in a structured format for electronic communication.

An Accountant at RDR Corporation, an Investment Management Firm, Was