Final answer:
The correct term for automatic printed reports generated when errors are discovered by the system is 'Exception Reports'. They are used to identify and address discrepancies or unusual activity within a system's operations.
Step-by-step explanation:
The term you're looking for when a system automatically generates reports upon discovering errors is called Exception Reports. These reports are specialized documents that highlight instances where data or transactions deviate from the normal operational parameters. For example, if a bank's system is set up to flag any transaction over a specified amount, such as $10,000, to comply with regulations, this would trigger an exception report.
This is essential in many industries as it helps in quickly identifying and addressing irregularities or fraudulent activities. Other types of reports like Summary reports consolidate data to provide an overview, Ad hoc reports are generated for specific information needs on-demand, and Query reports are the result of specific database queries.