In What Ways Could XBRL Help a Young, Privately Held

Multiple Choice

In what ways could XBRL help a young, privately held firm?

A) The firm can use XBRL to extract data efficiently for data analysis.
B) The firm will avoid fines form the SEC by implementing XBRL.
C) XBRL will remove flexibility that could cause the young firm to fail.
D) All of these answer choices are correct.