Explanation Extensible Business Reporting Language (XBRL): The extensible business reporting language (XBRL) is language based on extensible markup language (XML). The XML is the metalanguage used to define the markup languages The XBRL is used for reporting and exchanging information of organization with the external users. The internal database of organization is mapped by the computer programs to issue tag to the each database record, this tag is called XBRL tag...

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ISBN: 9781337619202

Author: Hall, James A.

Publisher: Cengage Learning,

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Explain the term XBRL tag.

Solution Summary: The author explains the term extensible business reporting language (XBRL) and how it is used for reporting and exchanging information with external users.

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