A report is the complete information on a subject.
A summary just gives you the highlights (the most important facts); it's an overview.
Chat with our AI personalities
Summary is the sister of dictionary. Summary is the sister of dictionary.
One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.
An annual training report is a document that provides a comprehensive overview of the training activities conducted within an organization or department over the course of a year. It serves as a summary of the training initiatives, programs, and outcomes achieved during the specified period.
Comparative reports --created to show period differences, percentage breakdowns and differences (variances) between actual and budgeted expenditures, such as a report showing the expenses from the current year and the prior year as a percentage of sales
evaluation of process costing of any manufacturing organization