An instance document:
A. is an XBRL document that contains all information, at a given point in time, including tags, about the occurrence of an item
B. is a feature of a relational database
C. is used to comply with SOX Section 409 regarding rapid disclosure of material changes
D. summarizes instances of GAAP and IFRS reporting differences
Answer: A
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On its "deathbed," a partnership goes through a process called ________
A) dissolution and winding-up B) bankruptcy C) realignment and merger D) foreclosure
In which of the columns of the worksheet would Net Income be found?
A) the unadjusted trial balance credit column, the adjusted trial balance credit column, and the balance sheet credit column B) the unadjusted trial balance debit column, the adjusted trial balance debit column, and the balance sheet debit column C) the balance sheet debit column and the income statement credit column D) the balance sheet credit column and the income statement debit column
If a plant asset is sold for more than its book value, a loss is recorded
Indicate whether the statement is true or false
Shareholders in Frontier Communications were not pleased to learn that the company's market share had changed from 40 to 21 percentage points, a loss of 19 percentage points. What was the percent change in market share?
A. 52.5% increase B. 52.5% decrease C. 47.5% increase D. 47.5% decrease