Question 1

XBRL is based on the XML language.

Accepted Answer

A) True 
 B)False

Question 2

Data warehouses gather information from external databases,but not from internal databases.

Accepted Answer

A) True 
 B)False

Question 3

Name five items that you think would be included in a digital dashboard for your university.Why are these critical business processes for them?

Accepted Answer

The answer of Name five items that you think would...

Question 4

XBRL does all of the following except:

Accepted Answer

A)   Enhances speed and accuracy of business reporting.
B)   Provides major benefits in the preparation, analysis and communication of business information.
C)   Serves as a universal standard for financial reporting information in the individual investor community.
D)   Facilitates business reporting of financial and nonfinancial data.

Question 5

The first person to propose using XML be used as a means to electronically deliver financial information was:

Accepted Answer

A)   Albert Gore
B)   Charles Hoffman
C)   Manuel Sanchez
D)   Kevin Kobelsky

Question 6

Bank loan officers and the IRS will likely have different XBRL style sheets for the various XBRL filings.

Accepted Answer

A) True 
 B)False

Question 7

XBRL assurance is generally expected to include:

Accepted Answer

A)   The most current, standardized XBRL taxonomy is used.
B)   The underlying financial and nonfinancial data that is used in XBRL tagging is reliable.
C)   The XBRL tagging is accurate and complete.
D)   The reports include all relevant financial and nonfinancial information.

Question 8

In February 2009,the _____________ passed the rule requiring all large domestic firms to begin formatting their financial statements using XBRL.

Accepted Answer

A)   Financial Accounting Standards Board
B)   International Accounting Standards Board
C)   American Institute of Certified Public Accountants
D)   Securities and Exchange Commission

Question 9

A data warehouse may include a:

Accepted Answer

A)   XBRL style sheet
B)   General Economic Information
C)   Digital Dashboard
D)   iPad Mini

Question 10

The steps in business intelligence include:

Accepted Answer

A)   Gather Information, Analyze Data for Patterns, Make Decision
B)   Analyze Data for Patterns, Gather Information, Make Decision
C)   Create Data Warehouse, Query Data Warehouse, Make Decision
D)   Create Data Warehouse, Analyze Data for Patterns, Make Decision

Exam 9: Reporting Processes and Extensible Business Reporting Language XBRL

XBRL does all of the following except:

Correct Answer
verified

Name five items that you think would be included in a digital dashboard for your university.Why are these critical business processes for them?

Correct Answer
verified

A data warehouse may include a:

Correct Answer
verified

In February 2009,the _____________ passed the rule requiring all large domestic firms to begin formatting their financial statements using XBRL.

Correct Answer
verified

The first person to propose using XML be used as a means to electronically deliver financial information was:

Correct Answer
verified

XBRL is based on the XML language.

Correct Answer
verified

Data warehouses gather information from external databases,but not from internal databases.

Correct Answer
verified

The steps in business intelligence include:

Correct Answer
verified

XBRL assurance is generally expected to include:

Correct Answer
verified

Bank loan officers and the IRS will likely have different XBRL style sheets for the various XBRL filings.

Correct Answer
verified

Exam 9: Reporting Processes and Extensible Business Reporting Language XBRL

XBRL does all of the following except:

Correct AnswerverifiedShow Answer

Name five items that you think would be included in a digital dashboard for your university.Why are these critical business processes for them?

Correct AnswerverifiedShow Answer

A data warehouse may include a:

Correct AnswerverifiedShow Answer

In February 2009,the _____________ passed the rule requiring all large domestic firms to begin formatting their financial statements using XBRL.

Correct AnswerverifiedShow Answer

The first person to propose using XML be used as a means to electronically deliver financial information was:

Correct AnswerverifiedShow Answer

XBRL is based on the XML language.

Correct AnswerverifiedShow Answer

Data warehouses gather information from external databases,but not from internal databases.

Correct AnswerverifiedShow Answer

The steps in business intelligence include:

Correct AnswerverifiedShow Answer

XBRL assurance is generally expected to include:

Correct AnswerverifiedShow Answer

Bank loan officers and the IRS will likely have different XBRL style sheets for the various XBRL filings.

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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