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Which of the Following Statements Related to XBRL Is False

Question 46

Multiple Choice

Which of the following statements related to XBRL is false?


A) XBRL is being developed by a nonprofit consortium of approximately 450 major companies, organizations, and government agencies..
B) To date world-wide implementation and acceptance of XBRL has been slow.
C) XBRL can handle data in different languages and accounting standards as well.
D) XBRL offers cost savings, greater efficiency, and improved accuracy and reliability to all those involved in supplying or using financial data.

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