Describe a Simple Frequency Distribution

question 30

Short Answer

Describe a simple frequency distribution.

---

Definitions:

Detailed Reports

Detailed reports provide in-depth analysis and comprehensive details on specific areas of interest within a business, project, or research area.

External User

Individuals or entities outside of a company who use its financial statements and reports for decision making, such as investors or creditors.

Internal User

Individuals within an organization, such as managers and employees, who use financial information to make decisions related to their roles.

Relevance To Decision

The importance of information in influencing or making a decision; relevant information affects the outcome of the decision-making process.