Exam 9: XBRL: Intelligent Business Reporting

What information does the following XBRL tag provide? <ifrs-gp:AssetsHeldSale contextRef="Current_AsOf" unitRef="U-Euros"decimals="2">20000</ifrs-gp:AssetsHeldSale>

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(Essay)

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Question 1

Correct Answer:

Verified

1. The IFRS taxonomy is used.
2. The context in which asset held for sale appears is current as of a specified date.
3. The unit of measure used is Euros.
4. Two decimal places are used.
5. The amount of asset held for sale is 200.00.

Which linkbase defines the relationships between the elements and the external regulations or standards?

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(Multiple Choice)

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Question 2

Correct Answer:

Verified

Match the linkbase to the appropriate definition. -Label link

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(Multiple Choice)

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Question 3

Correct Answer:

Verified

________ adds tags after reports are prepared, just as bar codes were added to bottles at the end of the manufacturing process.

(Short Answer)

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Question 4

The XBRL linkbase ________ link defines different kinds of relationships between elements. For example, ZIP code is the postal code used in the United States.

(Short Answer)

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Question 5

In USA, the FDIC is using XBRL for

(Multiple Choice)

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Question 6

What information does the following XBRL tag provide? <ifrs-gp:OtherOperatingExpenses contextRef="Dec312014" unitRef="USD" decimals="3">6920000</ifrs-gp:OtherOperatingExpenses>

(Essay)

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Question 7

What is the purpose of a schema?

(Multiple Choice)

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Question 8

With XBRL, each financial reporting amount is electronically tagged with a description of the data.

(True/False)

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Question 9

________ was developed to standardize and streamline financial and business reports.

(Short Answer)

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Question 10

Match the following terms with the appropriate definition. -Integrated Tagging

(Multiple Choice)

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Question 11

Match the XBRL essential to the appropriate definition. -Elements

(Multiple Choice)

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Question 12

Which of the following is NOT a XBRL essential?

(Multiple Choice)

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Question 13

What is XBRL? How does it work?

(Essay)

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Question 14

XML is a programming language used for Web site development that is static.

(True/False)

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Question 15

XBRL tags enable computers to process data intelligently by storing, updating, searching, analyzing, transmitting, and communicating with greater speed, standardization, and capabilities.

(True/False)

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(77)

Question 16

What is the difference between bolt-on tagging and integrated tagging?

(Essay)

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Question 17

Organizations using integrated enterprise systems with a centralized database can use XBRL integrated tagging if they use a(n)________.

(Multiple Choice)

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(68)

Question 18

XBRL is a programming language that includes meta data.

(True/False)

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(77)

Question 19

Instead of installing an enterprise system or writing ________ to connect various systems, Walcoal in Japan uses XBRL to make data interchangeable among its systems.

(Short Answer)

4.8/5

(84)

Question 20

Showing 1 - 20 of 110

What information does the following XBRL tag provide? <ifrs-gp:AssetsHeldSale contextRef="Current_AsOf" unitRef="U-Euros"decimals="2">20000</ifrs-gp:AssetsHeldSale>

Which linkbase defines the relationships between the elements and the external regulations or standards?

Match the linkbase to the appropriate definition. -Label link

________ adds tags after reports are prepared, just as bar codes were added to bottles at the end of the manufacturing process.

The XBRL linkbase ________ link defines different kinds of relationships between elements. For example, ZIP code is the postal code used in the United States.

In USA, the FDIC is using XBRL for

What information does the following XBRL tag provide? <ifrs-gp:OtherOperatingExpenses contextRef="Dec312014" unitRef="USD" decimals="3">6920000</ifrs-gp:OtherOperatingExpenses>

What is the purpose of a schema?

With XBRL, each financial reporting amount is electronically tagged with a description of the data.

________ was developed to standardize and streamline financial and business reports.

Match the following terms with the appropriate definition. -Integrated Tagging

Match the XBRL essential to the appropriate definition. -Elements

Which of the following is NOT a XBRL essential?

What is XBRL? How does it work?

XML is a programming language used for Web site development that is static.

XBRL tags enable computers to process data intelligently by storing, updating, searching, analyzing, transmitting, and communicating with greater speed, standardization, and capabilities.

What is the difference between bolt-on tagging and integrated tagging?

Organizations using integrated enterprise systems with a centralized database can use XBRL integrated tagging if they use a(n)________.

XBRL is a programming language that includes meta data.

Instead of installing an enterprise system or writing ________ to connect various systems, Walcoal in Japan uses XBRL to make data interchangeable among its systems.

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