XBRL taxonomies are classification schemes that are compliant with the XBRL specifications to accomplish a specific information exchange

During the process of confirming receivables as of December 31, Year 1, a positive confirmation was returned indicating the "balance owe as of December 31 was paid on January 9, Year 2" The auditor would most likely

a. Determine whether any changes in the account occurred between January 1 and January 9, Year 2. b. Determine whether a customary trade discount was taken by the customer c. Reconfirm the zero balance as of January 10, Year 2 d. Verify that the amount was received

All individuals with taxable income need to complete the AMT calculation.

a. true b. false