Final answer:
Flexible reporting is the concept that aligns with allowing users and management to agree on which business elements to present in reports, hence customizing information for relevance and usefulness in decision-making.
Step-by-step explanation:
The concept of presenting certain elements of business reporting only if users and management agree represents Flexible reporting. This approach allows for customizable information sharing based on the requirements and preferences of specific stakeholders. Unlike rigid or mandatory reporting, which adheres to a set structure regardless of user needs, flexible reporting adapts the presentation of data to ensure relevance and usefulness for decision-making purposes within a business context.