Explain how a body such as a tax authority might benefit from XBRL.
Question:
Explain how a body such as a tax authority might benefit from XBRL.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
X B RL is a technology that allows businesses to tag their f...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
Question Posted:
Students also viewed these Business questions
-
Explain how the tax benefit rule may apply to bad debt deductions.
-
How could a company such as Abbott benefit from sending an employee to study finance or another business subject?
-
How can a company such as Caesars benefit from using big data about health care spending without violating individual employee's privacy?
-
Suppose that Marthas income rises to $42,000 per year, and that she increases her consumption of health care visits by fi ve visits. Using the graphs for Exercise 1, draw the new equilibrium. What is...
-
A nonnegative random variable X has moments which are known to be E [X] = 1 , E [X2] = 2 , E [X3] = 5 , E [X4] = 9 , E [X5] = 14 , E [X6] = 33. (a) Show that for any nonnegative random variable, (a)...
-
A study of the worlds busiest airports was conducted by Airports Council International. Describe three variables that one could use to determine which airports are the busiest. What units would one...
-
Why is it advisable to obtain a written confession from the subject of an investigation?
-
Outline a research design using observation for each of the following situations: a. A bank wishes to collect data on the number of customer services and the frequency of customer use of these...
-
Anika who lives in Vancouver, purchased a piece of equipment from Australia for A$45,400. He was charged 19% duty, 5% GST, and 7% PST to import it. Calculate the total cost of the equipment. Assume...
-
Three forces and a couple act on crank ABC. . For P = 5 lb and = 40, (a) Determine the resultant of the given system of forces, (b) Locate the point where the line of action of the resultant...
-
Explain what you understand by taxonomy and mapping.
-
Discuss how an investor might benefit from annual reports being made available in XBRL.
-
(a) The team members in the running for promotion are Sage, Kelsie, Zoey and Rory. (b) The team members in the running for promotion are Sage, Kelsie, Zoey, and Rory. Choose the correctly punctuated...
-
On 1 February 2022, the balances of J Kelaher were: bank $4000, GST receivable $100, inventory $12 000 (the perpetual inventory system is used), plant and equipment $15 000, GST payable $200, loan...
-
For each of the business transactions listed below, you are to enter in the Workbook: a the account name, with debit account first b if the account entry is a debit or credit c the chart of account...
-
For each of the business transactions listed below, you are to enter in the Workbook: a the account name, with debit account first b if the account entry is a debit or credit c the chart of account...
-
P Forrester has elected to prepare and maintain the accounts using the cash basis of accounting and not on the accrual basis of accounting. Enter the following transactions, where appropriate, in the...
-
For each of the business transactions listed below, you are to enter in the Workbook: a the account name, with debit account first b if the account entry is a debit or credit c the chart of account...
-
Refer to the information in the preceding problem, except that John and his wife Mary are equal partners in Mason Enterprises, which operates as a partnership. How would they report the income and...
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
Obtain copies of three integrated accounting reports (including at least one which has been certified) and identify whether or not they have been certified. On any that has been certified review the...
-
In discussing in Parliament the directors remuneration in Carillion: Rt Hon Frank Field MP, Chair of the Committee, said: Its greed on stilts, pure and simple. Discuss the actions of the Remuneration...
-
There is a concern that the audit of FTSE 100 companies is dominated by the Big Four audit firms. One proposal is that there should be joint audits which include mid-tier firms. Discuss the objection...
-
What is strategic procurement? Drawing from your organization or any that you are familiar with, explain how strategic procurement management can contribute to the competitive advantage of an...
-
Right triangle ABC and rectangle EFGH have the same perimeter. What is the value of x? (Assume A is a right angle) B 3 A 4 CE X F G 2 H
-
Cost of exhibition catalogues. A catalogue for each exhibition will cost 5,000 to produce. The catalogue for the first exhibition will have been paid for in December out of Carolines remaining...
Study smarter with the SolutionInn App