A purchasing department receives updates from multiple sources and wants a weekly summary to review spending. They also want to know if data is up to date. Which method presents this information so the team understands how current everything is?
Display both the most recent data refresh date and the date the report was generated.
Show the earliest date from the source files.
Use a timeframe, for example the week covered by the report.
Showing both the most recent data refresh date and the date the report was generated clarifies how up to date the information is. Viewers see exactly when the content was updated and when the file itself was created. Listing the file’s creation date does not confirm new data availability, while relying on the earliest date or a simple timeframe can mask necessary updates for the audience.
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Why is it important to display both the most recent data refresh date and the report generation date?
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What are other methods to ensure report users trust the data's accuracy?
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What role does data freshness play in decision-making processes?