214k views
1 vote
The U.S. GAAP Financial Reporting Taxonomy is an electronic dictionary of business reporting elements used to report ________.

Select one:

a. The value of assets
b. Business data
c. Sales
d. Taxes

User Hashmat
by
4.3k points

1 Answer

6 votes

Answer: b. Business data

Step-by-step explanation:

The U.S. GAAP Financial Reporting Taxonomy contains information pertaining to the standards enlisted by the U.S. securities and exchange commission (SEC) for an individual to submit information related to filing.

User Gurbir
by
5.5k points