(Answered) What are the stages of the report life cycle and why is it

Finance

What are the stages of the report life cycle, and why is it a good business practice to follow one? Discuss the importance of effective report deployment in our strategy. Also, when designing reports, what are the most important factors to consider? What impact does the layout of the report have on its ability to influence decision makers? How might you define reporting requirements correctly for stakeholders in a report?

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