ACCA Applied Knowledge · Business and Technology · Communicating in business
A finance team currently sends month-end figures to the board as printed reports. Management wants the directors to see up-to-date figures at any time and to select the detail they need. Which IT-based communication tool BEST meets this need?
An intranet dashboard is the best tool. It presents up-to-date figures on demand and lets directors drill down into the detail they need, whereas printed reports and noticeboards are static, quickly outdated and offer no user selection of information.
- AA dashboard accessed through the company intranetCorrect
- BA printed monthly management report
- CA noticeboard in the finance department
Explanation
A dashboard on the intranet pulls current data and lets users choose the level of detail. Printed reports are fixed and out of date once issued, so they cannot provide on-demand access. A noticeboard reaches only people physically present and is not interactive.
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