Final answer:
Standard Report Types can be both 'with' or 'without' related records, depending on the requirements of the report.
Step-by-step explanation:
Standard Report Types can be defined as both 'with' or 'without' related records, depending on the specific requirements of the report.
For example, if a report is intended to display information about customers and their related orders, it would be defined as 'with' related records. This type of report would include both the customer information and the corresponding order information.
On the other hand, if a report is only focused on displaying information about customers and does not need any related records, it would be defined as 'without' related records.