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Which of the Statements Below Is False Regarding Extensible Business

Question 34

Multiple Choice

Which of the statements below is false regarding extensible business reporting language (XBRL) ?


A) Many experts feel that XBRL will replace EDI.
B) XBRL is in effect a narrower standard than the ANSI X.12 standard for EDI.
C) The SEC allows use of the XBRL format.
D) XBRL facilitates the exchange of business documents over the Internet.

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