Question
State differences between reporting and communicating $($or communication$).$
| Reporting | Communication |
| $1.$ Reporting is only upward transmission of information. | $1.$ Communication is both downward and upward transmission of information. |
| $2.$ Report is prepared by the Management Accountant. | $2.$ The communication is forwarded by a responsible officer or the section supervisor. |
| $3.$ Report is only a written document. | $3.$ Communication may be in oral too. |
| $4.$ The function of reporting starts when accounting information comes to an end. | $4.$ Communication is a continuous process. |
| $5.$ A report consists of draft, schedules statements, charts, graphs and any other statistical presentation. | $5.$ Communication mainly consists of sentences |
| $6.$ The reports may be sent weekly, monthly, quarterly or yearly i.e. reports are time bound. | $6.$ Communication is not time bound. It keeps on following as and when required |
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