16.1. Although XBRL facilitates the electronic exchange of financial information, some external users do not think it goes far enough. They would like access to the entire general ledger, not just to XBRL-tagged financial reports that summarize general ledger accounts. Should companies provide external users with such access? Why or why not?
Answer to relevant QuestionsHow can responsibility accounting and flexible budgets improve morale?Which control procedure would be most effective in addressing the following problems?a. When entering a journal entry to record issuance of new debt, the treasurer inadvertently transposes two digits in the debit amount.b. ...Objective: How to do what-if analysis with graphs.Requireda. Read the article “Tweaking the Numbers,” by Theo Callahan in the June 2001 issue of the Journal of Accountancy (available at www.aicpa.org). Follow the ...What is the difference between an Entity-Relationship (E-R) diagram and an REA diagram?The Computer Warehouse purchases its inventory from more than a dozen different vendors. Orders are placed via telephone, fax, or on the supplier’s Web site. Most orders are delivered the next day. Most orders are filled ...
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