Question: Discuss how organizations can benefit from XBRL
Discuss how organizations can benefit from XBRL.
Answer to relevant QuestionsDiscuss how XBRL addresses transparency, quality, and timeliness issues.Match the following terms and definitions.a. data element b. context element c. unit elementd. period element e. entity element f. identifier element__1. Defines the company __2. Numeric or nonnumeric facts __3. Defines the ...Tech Tool: Spreadsheet Software Valencia Orange Inc. has asked for your assistance in adding some XBRL tags to its financial statements.1. Download the data file for this exercise. 2. Use the information in Figure 9.12 to ...What are the five internal control components specified by COSO’s Internal Control—Integrated Framework? How do COSO’s internal control components relate to IT controls?The following exercise relates to application control objectives for the purchasing cycle. 1. List at least three application control objectives for the purchasing cycle.2. Give an example of how the associated IT controls ...
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