Extensible Business Reporting Language (XBRL) Has Which of the Following

Multiple Choice

Extensible business reporting language (XBRL) has which of the following characteristics?

A) XBRL allows for reliable and automatic exchange of financial information across all software formats.
B) XBRL essentially is hypertext markup language (HTML) for financial data and t therefore is basically the same as HTML.
C) XBRL does NOT require the use of tags.
D) XBRL was developed by a single company, whereas HTML was developed by a consortium of many companies, government agencies, and organizations.