What does an XBRL context define for a fact?
AThe entity and period to which the fact applies
BThe font style used in the printed report
CThe currency symbol used on the printed report
DThe auditor who signed the filed report
Answer & Solution
Correct answer: A. The entity and period to which the fact applies
A context ties a fact to an entity and a period of time, with an optional scenario such as actual or budgeted.
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