Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) Firms can make their own tags if they feel their financial data item does not fit within the existing framework.
B) Sometimes very similar financial data items have unique tags, making direct comparisons between companies difficult.
C) Detailed tagging of the numbers included in the footnotes is required.
D) XBRL uses a taxonomy to help define and describe each key data element, but it is not capable of defining relationships between each element.