XBRL in Malaysia
Authored by CONNIE LING
Financial Education
Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What year did Bank Negara Malaysia (BNM) begin its initiative to adopt XBRL?
2007
2009
2010
2012
2.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
Which regulatory body was the first to initiate a pilot project for XBRL in Malaysia?
Bank Negara Malaysia (BNM)
Securities Commission (SC)
Suruhanjaya Syarikat Malaysia (SSM)
Inland Revenue Board (IRB)
3.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What is the primary focus of BNM's XBRL initiative?
Corporate governance
Statistical reporting in the banking industry
Tax computation
Financial auditing
4.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
When did BNM introduce XBRL-based financial reporting?
June 2010
June 2015
June 2012
June 2018
5.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What is the purpose of the SC Common Reporting Platform (ComRep)?
To create a centralized electronic submission system
To facilitate manual reporting
To manage banking statistics
To standardize tax reporting
6.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
Which of the following is NOT a regulator involved in XBRL adoption in Malaysia?
Bank Negara Malaysia (BNM)
Securities Commission (SC)
Ministry of Finance (MoF)
Malaysian Institute of Accountants (MIA)
7.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What is the main goal of the Inland Revenue Board (IRB) in adopting XBRL?
To standardize financial statements
To facilitate corporate governance
To enhance financial reporting standards
To improve tax return compliance rates
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