4. Which of the following is not a part of the Internal Reporting System of a company?
A. Sales information System
B. Order to payment cycle
C. Inventory Data
D. Secondary databases
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Inventory data is not a part of the internal reporting system of a company.
Explanation:
- The internal reporting system is the financial and operational information of a company.
- These factors are distributed and supplied to the members working within the organization.
- In this way, the performance of the company or organization is improved.
- The internal report information is based on failure rates, employee turnover, expense trends, and detailed data regarding sales and management.
- This report is confidential and is not shared with anyone who is not a member of the firm.
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