Question: In what ways could XBRL help a young, privately held firm? The firm can use XBRL to extract data efficiently for data analysis. The firm
In what ways could XBRL help a young, privately held firm?
The firm can use XBRL to extract data efficiently for data analysis.
The firm will avoid fines form the SEC by implementing XBRL
XBRL will remove flexibility that could cause the young firm to fail.
All of these answer choices are correct.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
