Final answer:
A Tabular report is the type of report that lists records without subtotals, presenting data in a simple, flat table format. It's different from Summary, Matrix, or Joined reports, which include groupings and aggregated information.
Step-by-step explanation:
The type of report that comprises a list of records with no subtotals is known as a Tabular report. In contrast to other types of reports, a Tabular report presents data in a simple, flat table format. This is the primary choice when the need is to list items without the requirement of grouped or aggregated information, which is often seen in Summary or Matrix reports. Summary reports provide additional levels of grouping and subtotals, Matrix reports include a grid-like structure allowing data to be grouped by two or more categories, and Joined reports allow for the combination of related reports into a single complex report.
Grouping data can serve different purposes based on the analytical needs. For example, grouping data by location can offer insights into geographical trends, while grouping by time may highlight changes over a period. The advantage of using a Tabular report lies in its simplicity and straightforward representation of data, which makes it easy to read and understand without the complexities of groups or subtotals.