How often should management receive or prepare reports on its external business process activities?

Question

Quizplus · Accepted Answer

The frequency of reports on external business process activities should be determined by the needs of the business. There is no one-size-fits-all answer to this question, as different businesses have different report needs based on their size, complexity, and industry. It may be necessary for some companies to receive daily reports, while others may only need reports quarterly or annually. Ultimately, the frequency of reports should be sufficient to ensure that management is informed and can make timely decisions based on the information provided.

How Often Should Management Receive or Prepare Reports on Its