For Each Report Listed Below,identify Whether the Major Purpose of the Report

question 55

Essay

For each report listed below,identify whether the major purpose of the report is for (1)routine internal reporting, (2)non-routine 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:

Variance

A statistical measure that represents the spread of a data set, indicating how far each number in the set is from the mean and from each other.

Critical Path

The longest duration path through a project, determining the shortest time possible to complete the project, where any delay could extend the overall project duration.

Variance

A statistical measure that represents the dispersion or spread of a set of data points.

Probability

A measure of the likelihood of a certain event or outcome, expressed as a number between 0 and 1.