What is descripency report mean?and how it make what is the key point to make it?why its needed?

Question

Accepted Answer

A discrepancy report is a document that highlights differences between two sets of data and identifies the reasons for the differences.

A discrepancy report is used to identify and resolve discrepancies between two sets of data.
It is important to include the reasons for the discrepancies in the report.
Examples of discrepancies include differences in inventory counts or financial statements.
The report should be clear and concise, with recommendations for resolving the discrepancies.
Discrepancy reports are important for ensuring accuracy and integrity of data.
They can also help identify areas for process improvement.
Regularly reviewing discrepancy reports can help prevent future discrepancies.

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