MIS Reports are reports required by the management to assess the performance of the organization and allow for faster decision-making.
● Accounting Reports: To obtain information on the financial position, operational performance and economic activities of the business.
● Financial Reports: To determine the financial condition of an organisation as required by shareholders, creditors and government units.
● Inventory Reports: To manage the Inventory effectively since the actual status of stock items is obtained.
● Management Control Reports: To utilise budgets, cost centre reports, scenario reports etc. for controlling activities.
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