Question 4 The main objective of XBRL is to: A. Produce a comprehensive body of accounting standards B. Assist the Securities and Exchange Commission in enforcement of FASB standards C. Facilitate the publication, exchange, and processing of financial and business information D. Define all the elements financial statements

Question 4 The main objective of XBRL is to: A. Produce a comprehensive body of accounting standards B. Assist the Securities and Exchange Commission in enforcement of FASB standards C. Facilitate the publication, exchange, and processing of financial and business information D. Define all the elements financial statements

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA1: International Financial Reporting Standards

Section: Chapter Questions

Problem 4MCQ

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Question 4

The main objective of XBRL is to:

	A.	Produce a comprehensive body of accounting standards
	B.	Assist the Securities and Exchange Commission in enforcement of FASB standards
	C.	Facilitate the publication, exchange, and processing of financial and business information
	D.	Define all the elements financial statements

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