Question: 1 . 4 Major Challenges in Financial Reporting Why do companies provide financial reports using XBRL ? In response to the financial reporting challenge of

1.4 Major Challenges in Financial Reporting
Why do companies provide financial reports using XBRL?
In response to the financial reporting challenge of timeliness.
In response to the financial reporting challenge of forward-looking information.
In response to the financial reporting challenge of understandability.
In response to the financial reporting challenge of nonfinancial measurements.
 1.4 Major Challenges in Financial Reporting Why do companies provide financial

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