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There are many types of business reports used for many purposes.

Financial reports are used to track a company's or an organization's money, both income and expenses; to have a record of financial transactions; and to report to oversight agencies, stockholders, or taxing agencies. Inventory reports also fall into the category of financial because inventory is also a company's money.

Written reports (narrative) are used to keep track of activities along a 'chain of command', to ensure that each department or unit is functioning appropriately, to bring to light problems that a group may encounter and to highlight an individual or group's accomplishment. Written reports track each level's needs regarding staffing, equipment, supplies, and to address any new issues or needs that arise.

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