Question: 5. XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports. Required: a. How is

5. 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 use XBRL GL in a firms accounting software make XBRL more or less efficient than when XBRL GL is not used?

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