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Examveda

___________are routine reports prepared at regular time interval-daily, weekly, monthly quarterly or annually.

A. Periodic reports

B. Formal reports

C. Progress reports

D. Conference reports

Answer: Option A

Solution(By Examveda Team)

Periodic reports are routine reports prepared at regular time interval-daily, weekly, monthly quarterly or annually. Periodic reporting means that company finances are reported in distinct time periods, while the time period principle means that the activities of a company can be broken down into specific, short, distinct time periods.

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