Final answer:
A digital dashboard is a visual display of real-time data, while a financial report is a comprehensive document providing an overview of a company's financial performance.
Step-by-step explanation:
A digital dashboard and a financial report are both tools used to display and analyze data, but they have some key differences.
A digital dashboard is a visual display of data that provides real-time information in a concise and easily understandable format. It typically includes various charts, graphs, and key performance indicators (KPIs) that help monitor and track the performance of a business or organization. For example, a digital dashboard for a sales team may show the number of sales made, revenue generated, and customer satisfaction ratings.
On the other hand, a financial report is a comprehensive document that provides an overview of a company's financial performance over a specific period of time. It includes detailed financial statements such as the income statement, balance sheet, and cash flow statement, along with accompanying notes and analysis. Financial reports are used by stakeholders, investors, and analysts to evaluate the financial health and performance of a company.