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QUESTION
XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports.
XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports.
a- How is XBRL more efficient for the firm that report its business performance? Does the use XBRL GL in a firm's accounting software make XBRL more or less efficient than when XBRL GL is not used?
b- How is XBRL more efficient for those using its business reports for regulator, investing or other purposes?
c- Are there any cases when it is less efficient to use XBRL ?
How is XBRL more efficient for the firm that report its business performance?XBRL is more efficient in that can be applied in variety of ways ranging of business and financial data. This are...