What is metadata? Explain how XBRL uses metadata.
Answer to relevant QuestionsWhy is knowledge of XBRL important to accounting professionals? Explain.You have been called in as an XBRL consultant. The president of the company has asked for your opinion regarding the costs and benefits of XBRL. What would you say? What benefits of XBRL do you see as the most important? ...Discuss how the three levels of IT controls relate to three levels within an organization.Match the following terms and definitions.a. IT processes b. IT resources c. applicationsd. information e. infrastructure f. people__ 1. Manual and programmed procedures to process information __ 2. Hardware and software ...The following exercise relates to application control objectives for the financial cycle. 1. List at least two application controls used in the financial cycle.such as bank reconciliations and physical inventory counts.2. ...
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