FASB, Financial Accounting Standards Board. XBRL, or eXtensible Business Reporting Language, is an XML standard for tagging business and financial reports to increase the transparency and accessibility of business information by using a uniform format.
Continental drift takes place because continents sit on crustal plates which float on the Earth's magma, and the magma has convection currents in it which push against the plates and cause them to move, slowly but inexorably.
The continental drift theory is the theory that once all the continents were joined in a super-continent, which scientists call Pangaea. Over a vast period of time, the continents drifted apart to their current locations.Alfred Wegener first supported continental drift.Wegenerâs explanation of continental drift in 1912 was that drifting occurred because of the earthâs rotation. This explanation and his theory were not widely accepted.Prior to Wegener, however, many had noted that the shapes of the continents seem to fit together, suggesting some schism in the past.he continental drift theory is the theory that once all the continents were joined in a super-continent, which scientists call Pangaea. Over a vast period of time, the continents drifted apart to their current locations.