Question: Why would XBRL be used for internal uses such as
Why would XBRL be used for internal uses such as management accounting? Hint: See Figure 9.5.
Answer to relevant QuestionsWho will rely on XBRL data for decision making? Why is assurance needed on XBRL data? Support your answer.XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports. Required:a. How is XBRL more efficient for the firm that reports its business performance? Does the ...Why is COBIT framework ideal to guide IT governance and management?The sales department of a company received several claims from its customers that their payments were not credited to their accounts. Investigation uncovered that the accounts receivable clerk has been stealing some of ...Compare disaster recovery plan (DRP) and business continuity management (BCM).
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