For Each Report Listed Below, Identify Whether the Major Purpose

question 195

Essay

For each report listed below, identify whether the major purpose of the report is for (1) routine internal reporting, (2) nonroutine internal reporting, or for (3) external reporting to investors and other outside parties.
Item:
a.study detailing sale information of the top-ten selling products
b.weekly report of total sales generated by each store in the metropolitan area
c.annual Report sent to shareholders
d.monthly report comparing budgeted sales by store to actual sales

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Definitions:

Personal Interviews

A direct method of qualitative research involving face-to-face conversations for the purpose of obtaining detailed information.

Tabulates Data

The process of organizing data into tables or charts for easier analysis and better understanding.

Line Managers

Individuals who have direct responsibility over a particular group of employees within an organization, overseeing daily operations and reporting to higher management.

Compensation System

A structured plan designed by an organization to pay its employees, including wages, benefits, bonuses, and other types of pay.